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Most BPO's adopt either Input or Output based pricing model based on the service with the ARC & RRC concept built in. However in case of certain strategic level partnering, outcome based pricing may also be adopted as it seeks to transfer both risk & reward to both the parties, vendor and customer.
Hope it helps...No one would give company specific information as that would be illegal, but this is mostly what BPOs and ITes follow.
Abhishek Sharma, Financial Planning/Analysis & Pricing Expert.
What else can I help you with?
Who uses penetration pricing?
Penetration pricing is mainly used by Supermarkets, to attract more customers into their stores. However, this strategy is now being used by small retailers too.
What is an example of a defender type of company?
In India , when Honda started to its business then already present automobile industry named as BAJAJ ,use the defender strategy to compete with Honda . it faced low globalization pressure and its competitive assets are also not customized but these are standardized . Bajaj had a lot of workshop for the maintenance of its vehicles in whole India while Honda faced this difficulty . mechanics knew very well about the Bajaj products as it is already existed there and they were much familiar with it so bajaj used the defender strategy to compete the Honda in such a way .
How can strategy diagrams be effectively utilized in developing a comprehensive business strategy?
Strategy diagrams can be effectively used in developing a comprehensive business strategy by visually representing key components such as goals, objectives, resources, and action plans. These diagrams help to clarify complex ideas, identify connections between different elements, and communicate the strategy to stakeholders in a clear and concise manner.
What kind of payment system used in Cambodia like RTGS and NEFT in India?
The payment system used in Cambodia like RTGS and NEFT in India is Patent Tax and Stamps.
What is the strategy for selling deep in the money puts?
The strategy for selling deep in the money puts involves selling put options with a strike price significantly below the current market price of the underlying asset. This strategy is used to generate income from the premium received, with the expectation that the option will expire worthless or be bought back at a lower price. It is a bullish strategy that benefits from the passage of time and a stable or rising market.
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%.
What are Examples of psychology pricing strategy?
One psychological pricing strategy used is pricing something high, so that consumers associate it with prestige. Many retailers do this with cars.
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.
Who uses penetration pricing?
Penetration pricing is mainly used by Supermarkets, to attract more customers into their stores. However, this strategy is now being used by small retailers too.
When computer company initially charged a low price and then raise price after gaining market share which pricing strategy is getting used?
penetration strategy
What pricing strategies do you think Ben Sherman applies in its marketing mix?
Premium pricing!
What is a hit-and-run pricing?
Hit and run pricing is a marketing strategy mainly used by those who sell online. It is a method of lowering and raising prices to get attention from all levels of consumers.
No one beats over prices we crush competition.which pricing strategy they are using?
The pricing strategy being used here is likely a form of aggressive pricing or competitive pricing. This approach focuses on setting prices lower than competitors to attract customers and gain market share. By emphasizing the idea of "crushing competition," the company aims to position itself as a cost leader in the market, appealing to price-sensitive consumers.
Major strategies used for pricing imitative and new products?
major strategies used for pricing imitative and new products depends on two factors i.e. price and quantity The strategies are: Premium Strategy= when price charged is high and Quantity supplied is also high Good Value Strategy= when price is low and quantity is high Overcharging strategy= when price is high and quantity is low eg: Maruti Versa Economy strategy= When both price and quantity are low major strategies used for pricing imitative and new products depends on two factors i.e. price and quantity The strategies are: Premium Strategy= when price charged is high and Quantity supplied is also high Good Value Strategy= when price is low and quantity is high Overcharging strategy= when price is high and quantity is low eg: Maruti Versa Economy strategy= When both price and quantity are low
Which term is used to describe the offering of equal or better quality products or services at a lesser price than your competitors?
Predatory pricing is what you call a pricing strategy where you offer the same products and services for a lesser price than your competitors.
Follow the leader pricing?
Follow-the-leader pricing is a pricing strategy where a company sets its prices based on the prices set by a dominant competitor in the market. This approach is often used in oligopolistic markets, where a few firms have significant market power and closely monitor each other’s pricing decisions. By aligning their prices with the leader, firms aim to maintain market share and avoid price wars. However, this strategy can limit price competition and innovation within the industry.
What is the difference between price strategy and price tactics?
A price strategy defines the initial price and gives direction for price movements over the product life cycle. The price policy is a strategy set for a specific market segment, based on a well-defined positioning strategy. Price tactics used to fine-tune a base price are the following: discounts (such as cash, quantity, and functional or seasonal discounts); allowances (such as promotional allowances); and rebates. All three are ways to induce buyers to do something they might otherwise not do. Geographic pricing tactics (such as FOB origin, uniform delivered, zone, freight absorption, and basing-point pricing) all moderate the impact of shipping charges as a portion of the product price. Special pricing tactics (such as single-price tactics, flexible pricing, price lining, professional services pricing, leader pricing, odd-even pricing, bait pricing, price bundling, and two-part pricing) can be used for a variety of reasons. For example, a business might decide to introduce a new product at a high skimming price, but use some price tactics such as rebates or freight absorption to induce trial.
