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It will depend upon how much time your employees spent on making the item. It can also depend upon how much money you spent on the quality of the items to make your product.
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Factors affecting pricing decision?
There are various factors that affect the pricing decisions of a company. Customer, competition, economical factor's such as weak buying power or recission and the host govt laws. Besides these factors internal factors of companies are also affectimg the priciog decision.
What is company oriented pricing?
Pricing driven by a company's internal factors. The company will take a stock of all the internal costs and determine a pricing that will ensure a return. e.g. Cost plus method.
What are the various factors that affect the pricing of a product?
the pricing of a product is largely depended on the two main factors : - 1. Internal like cost of production profit margin etc 2. External like type of market, general economic conditions, competitors, nature of the product etc.
What make pricing of product an important product decision Justify its significance in the light of the growth and profitability of the business?
The pricing of a product is a key factor in determining demand for the product. For instance, if something is priced too high, demand will decrease. If an item is priced lower than competitors, all other factors being equal, then demand for the product will increase.
What are the different pricing methods in international marketing?
Bid Pricing Cost Plus Pricing Customary Pricing Differential Pricing Diversionary Pricing Dumping Pricing Experience Curve Pricing Loss Leader Pricing Market Pricing Predatory Pricing Prestige Pricing Professional Pricing Promotional Pricing Single Price for all Special Event Pricing Target Pricing
Factors affecting pricing decision?
There are various factors that affect the pricing decisions of a company. Customer, competition, economical factor's such as weak buying power or recission and the host govt laws. Besides these factors internal factors of companies are also affectimg the priciog decision.
What are the internal and external factors for pricing?
There are internal and external factors for pricing. The internal factors include the manufacturing or purchasing costs while external factors depend on the demand of a product.
What is external factors affecting pricing?
Mostly competitor external prices affect pricing.
What are the factors affecting a menu?
The factors affecting menu pricing in any food establishment are mainly food costs. Other factors that affect menu pricing are rent, taxes, utilities, payroll, and many more.
What is company oriented pricing?
Pricing driven by a company's internal factors. The company will take a stock of all the internal costs and determine a pricing that will ensure a return. e.g. Cost plus method.
What is orientated price?
Pricing driven by a company's internal factors. The company will take a stock of all the internal costs and determine a pricing that will ensure a return. e.g. Cost plus method.
What are the factors affecting transportation pricing decisions?
Cost of Fuel Wages Traffic Accidents Vehicle malfunctions Road work Absent driver
What are the economic environment factors affecting pricing?
I think supply and demand, and maybe inflation. If anyone thinks there's a better answer, please edit
What factors usually affect pricing?
What factors usually affect pricing?
What has the author Marshall E Blume written?
Marshall E. Blume has written: 'Factors affecting capital formation' 'The theory of security pricing and market structure'
What internal and external pricing factors should you consider when raising collage tuition fees?
what is the fees structure of orissa engineering college
External and internal pricing?
External pricing is pricing of goods and or services that will be sold to out side company's. While internal pricing are prices set to sell goods to another department with in its own company.
