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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.
What else can I help you with?
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.
How does competition affect pricing and marketing strategies?
yujuutyjutyju
What is storing function marketing?
examples of storing function and marketing strategy
What is Marketing mix for existing product in new market?
the pricing
How is pricing related to profit and the marketing mix?
they both suck
Psychological pricing means IN MARKETING TERMS?
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.
How do concept such as psychological pricing and reference pricing apply to the marketing strategy?
pq is
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.
How does competition affect pricing and marketing strategies?
yujuutyjutyju
Marketing mix strategy for hul?
marketing mix strategy for hul
What is storing function marketing?
examples of storing function and marketing strategy
What is Destruction pricing?
sets of a price that will drive others out the marketing
What is Marketing mix for existing product in new market?
the pricing
How is pricing related to profit and the marketing mix?
they both suck
What is the importance of 5 P's in marketing management?
product pricing
What is marketing function relation to with other business?
marketing function with other business
What has the author Robert Schindler written?
Robert Schindler has written: 'Pricing strategies' -- subject(s): Marketing, Pricing
