Based on the many competitors a business has one may justify prices of products based on many reasons. these may include demand of product or service. if a product is in high demand consumers will pay the asking price just to have it. Quality of product or service, consumers want quality and will pay good money for it...if competitors off goods/services at a lower cost, if you hold a higher standard of product or service prices will be justified
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pricing strategy for any product or services like two wheelers , four wheelers,& health drink should be shown on internet because these questions are asked by the university exams.
An appropriate pricing strategy for a health drink is one with a low price. Since there is a lot of competition, you don't want to price your drink too high.
what is premium pricing strategy
what is premium pricing strategy
It is a pricing strategy
the pricing strategies are unit prcing
A quantity-pricing strategy provides lower prices to consumers who purchase larger quantities of a product.
follow the crowd pricing stratgey
One psychological pricing strategy used is pricing something high, so that consumers associate it with prestige. Many retailers do this with cars.
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