The pricing function of marketing usually applies because the price very often determines whether a person buys a certain product or not. Someone may have the desire to buy something from a trader, but if it is exorbitantly priced, it may be a turnoff. The price should also factor in the production costs so that the seller may be profitable.
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.
examples of storing function and marketing strategy
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marketing function with other business
function of salse and marketing department in travel agency
In marketing terms it is a strategic approach to the pricing of products in a competitive environment. The pricing is done not by the economics of the product but more by the appeal that can be made from it's price. The product is given value through it's price rather than it's function.
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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.
examples of storing function and marketing strategy
yujuutyjutyju
marketing mix strategy for hul
marketing function with other business
function of salse and marketing department in travel agency
sets of a price that will drive others out the marketing
the pricing
they both suck
product pricing