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Is cost-plus pricing

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Anonymous

13y ago
Updated: 4/30/2023

Cost-plus-pricing is one of the simpler methods of price setting. Cost-plus-marketing basically is adding a standard mark up to a product after production and distribution costs have been met. This method which ignores demand and competitor pricing is not highly recommended for a company looking for high profit margins.

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Damien Bosco

Lvl 10
2y ago

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