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Asked in Jobs & Education
In starting with a marketing pentration pricing strategy what assumptions can be made about marketing?
When a company starts with a marketing penetration pricing strategy you assume that people want the product you are offering. Another assumptions you have is that your pricing strategy is priced better than your competition. ...
Asked in Law & Legal Issues, Marketing Advertising and Sales, Business Accounting and Bookkeeping, Companies
What influences pricing decision?
Taking pricing decision is one of the critical factors of business. to take the pricing decision a proper research needs to be carriedout such as on the product availability, competitor's pricing strategy, customer's perceived pricing, customers willingness to pay the price of the product, demand factor etc. The pricing decision influences the demand of the product in the market, the pricing strategy of the competitors, the profitabilty of the company and the most important is the customer decision on purchasing the product such...
Asked in Authors, Poets, and Playwrights
Who is the Author of The Strategy and Tactics of Pricing?
The author of The Strategy and Tactics of Pricing, is as follows Thomas Nagle, John Hogan, and Joseph Zale. There are three actual offers of this writing selection. ...
What is the Pricing strategy of RIM for blackberry?
The Pricing strategy that RIM for blackberry has used is lowering their prices and offering discounts in various countries. In India they have lowered the prices for their smartphones up to 26%. ...
Asked in Economics
What is pricing practices in managenerial economics?
The pricing practices in managerial economics refers to what type of price strategy an industry is having in the market. A pricing strategy followed by an industry depends up on the present market conditions and importantly upon the objectives of an industry an industry can follow :- Nonprofit maximisation having object of sales maximisation limit pricing price discrimination non managerial pricing multi product pricing peak load pricing transfer pricing ...
Asked in Education
Suggest appropriate pricing strategy for healthdrink?
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. ...
Asked in Marketing Advertising and Sales
What is Market-Skimming Pricing?
Market-skimming pricing is the practice of raising a price for a product and marketing it to the market willing to pay the higher price. Market-skimming pricing brings in less sales but ultimately more revenue per sale. Market-skimming requires market research and strategy for a higher income demographic. ...
Asked in McDonald's
What is the pricing strategy for McDonald?
Mc Donalds follows Value pricing as it offers its products at a much cheaper rate as compared to its competitors like KFC etc. It also uses bundling strategy by offering combo packs to increase overall sales.in combination with competitive pricing. ...
What is penetration-pricing strategy?
Penetration-pricing strategy is used to build market share by obtaining profits from repeat sales. Occasionally, high sales volume allows sellers to further reduce prices. ...