the companies differentiate and position their products as a competitive advantage through products,product packing,pricing,after sales services.
the companies differentiate and position their products as a competitive advantage through products,product packing,pricing,after sales services.
Competitive pricing is an incentive for shoppers.
Four pricing objectives are competitive, prestige, profitability, and volume pricing.
An advantage of yield management is the ability to set up a competitive pricing strategy to lure more customers in and away from competitors. However, a disadvantage is that if the yield management is forecast wrong or too low, revenue may be lost.
Competitive advantage can come from products, employees and operations. When a firm has a competitive advantage, they are able to operate as a leader within their industry.
competitive pricing because of all its competitors
training and development added value(sports court, swimming pool etc) advertisement sales technique pricing policies location quality management these are all example of Hilton competitive advantage
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Differentiation advantage
setting a price by reference to other prices of comparable competitive products.
A competitive advantage is something that allows one company to outperform competitors. One way to identify a competitive advantage is comparing profits. If one competitor has higher average profits, then it has some kind of competitive advantage.