Q: 40000 per 100 unit of reagent. Estimate the price per unit by following pricing method; 1. Cost plus…
A: Cost-plus pricing refers to a pricing strategy wherein a certain markup is added to the cost of the…
Q: Describe factors such as demographics, geographic , psychographics and others that influence product…
A: Marketing mix consists of 4Ps viz., product, place, price and promotion. The 4Ps has to be…
Q: Legal and Ethical Issues on Pricing Policies & Practices 1.Select a current legal and ethical…
A: Since you have posted more than one question we will solve the first three interlinked questions for…
Q: Describe the psychological pricing techniques and give examples
A: Psychological pricing is a technique which is used by the companies to hit the subconscious mind of…
Q: What is the background of study in Pricing Strategy of Buy and Sell Online Business
A: * Introduction - Pricing strategy of Buying and selling through online mode requires following major…
Q: Define captive-product pricing and give examples. What must marketers be concerned about when…
A: Captive-product pricing omes under the domain of pricing technique of the firm. It gives the…
Q: Pricing issues. Revenue Models. the market structures.
A: The product I have selected is an smartphone. The details are discussed as follows-
Q: HOW WOULD THIS MARKETING CONCEPTS AFFECTS THE PRICING STRATEGY OF THE COMPANY?
A: Holistic marketing plays a prominent role in the organization as has various benefits associated…
Q: Explain in your own words and also give examples of how price gouging is harmful for the customers…
A: Quality management is a process of controlling or managing the quality of the product so as to…
Q: Please explain the possible disadvantages of using (1) competition based pricing and (2) consumer…
A: ANSWER:Disadvantage of using Competitive based pricing is: Pricing is dependent on the price of…
Q: What is meant by pricing? Describe any three strategies that can be done by firms if they do not…
A: Pricing strategies refer to the marketing strategy which is used to determine the prices of products…
Q: Can you tell me more about Buyer-oriented pricing strategy?
A: A buyer-oriented pricing strategy is a sort of pricing strategy in which prices are determined…
Q: What then is the product’s pricing based on, if not costs? Present the product’s pricing and what…
A: Product pricing refers to the process in which the organization sets the price of the product…
Q: How does value pricing strategy affect the company's performance and how they benefit from this?
A: The pricing strategy to be used for marking the price of a product is not an easy decision for a…
Q: Explain why it is a good idea to price a product according to value perception of the customers.…
A: Perceived value pricing is that value which customers are willing to pay for a particular product…
Q: Describe the basic market forces that are relevant to pricing and decision-making for companies.…
A: Pricing is an important parameter which governs the purchase decisions of the customers. Pricing…
Q: Define the term Escalator pricing ?
A: Pricing objectives are the goals that guide your company in determining the cost of a product or…
Q: The most effective pricing strategy to use when there is a brand new product in the market?
A: Pricing strategy can be explained as technique which helps the company to price its products or…
Q: Explain the importance of pricing and how marketersset objectives for their pricing strategies
A: Marketing helps the company to build and retain customers. It is a vast topic including various…
Q: why are ethical concerns important issues when designing service pricing and revenue management…
A: Importance of ethics when designing service pricing : To ensure that companies not only work for…
Q: n pricing a product cost work as a floor and customer perception of the value of a products works as…
A: value-based pricing can be defined as a strategy for pricing goods or services that adjusts the…
Q: Has Cath Kidston executed value-based pricing, cost-basedpricing or competition-based pricing?…
A: Cath Kidston is a large retail based e-commerce company that deals in providing home furnishings,…
Q: Cite three (3) pricing strategies that companies or firms implement. Discuss the circumstances or…
A: The three pricing strategies are penetrating, skimming, and following. Penetrate: Setting a low…
Q: s pricing important for consumers in the process of decisions making?
A: price/cost of possession continues to be a rather prominent decision driver, with almost half the…
Q: the pricing strategy and rationale of DHL
A: DHL is a worldwide firm that works in the bundle as well as web based business shipment. The…
Q: Create a poem that contains the information about the factors affecting pricing decisions
A: PRICING DECISION:The decision that has to taken by the company to sell the product or service at…
Q: Interpret the types of product mix pricing strategies. Support each strategy with a relevant…
A: There are five types of product mix strategies:1. Product line pricing2. Optional product pricing3.…
Q: WHAT INDUSTRIES/ MARKET USES COMPETITIVE PRICING STRATEGY? WHAT ARE THE PROS AND CONS OF…
A: To set the effective and efficient pricing startegies is very important as the revenue, profits, and…
Q: What are the practical problems in applying price theoryconcepts to actual pricing decisions?
A: Pricing a product or service refers to the establishment of a selling price for a product or service…
Q: Which of the following term best described the following definition when marketer apply pricing…
A: Here in the given Multiple choice question, we will be choosing an appropriate option or term and…
Q: Discuss the Pricing Concepts in marketing?
A: Introduction The goal of a pricing strategy is to determine a product or service's fair market…
Q: Describe the process of market-driven analysis and explain when it would be a useful tool.
A: Hello thank you for the question. As per guidelines, we would provide only one answer at a time.…
Q: Retailers often use psychological pricing as a price-adjustment strategy. Explain this pricing…
A: Psychological pricing is theory-based in that individual prices have a psychological impact. In this…
Q: .In pricing a product cost works as a floor and customer perception of the value of a product works…
A: In pricing a product cost works as a floor and customer perception of the value of a product works…
Q: Discuss the importance of market segmentation in pricing strategy. Please cite examples to support…
A: Market Segmentation can be defined as the process of dividing the entire market into different…
Q: When maintaining an effective costing system, why is it important to conduct regular competitive…
A: The cost system of the business ensures that the budget related to product development and marketing…
Q: Could Lululemon have achieved the same level of suc- cess had it executed an alternative pricing…
A: Pricing strategy is a way how companies price their product and services . An effective…
Q: s use pricing strategies to enhance their competiti
A: Challenges of pricing strategies: 1. Starting with a high price and then dropping it may irritate…
How value based pricing strategy effects profit maximizaiton and graph
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- why are ethical concerns important issues when designing service pricing and revenue management strategies?What are the different pricing strategies that firm can use to change demand pattern?Describe factors such as demographics, geographic , psychographics and others that influence product pricing. Also Explain the impact of external influences on marketing mix strategies and their impact on strategic marketing plans ? Indentify and explain the impact of external forces on marketing decisions.