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The Value Which A Seller Sets On His Goods In Market Price Means. Cost + Profit =Price flexible
1. 2. 3. 4. 5.
Value Based Cost Based New Product Pricing Strategy Product Mix Strategy Price Adjustment Strategy
cost
a) b) c) d)
Good Value Pricing Strategy Everyday Low Pricing Strategy High Low Pricing Strategy Value Added Pricing Strategy
When Seller gives some relaxation to buyer By offering low price Giving some extra.. Other bonus
2. SEARS
firm charges a high price for running item and discounts on off season items
A Pricing Strategy That Attaches Valueadded Features And Services To Differentiate A Market Offering And Support Higher Prices, Rather Than Cutting Prices To Match Competitors
1. Samsun galaxy s3
Strategy Used By Firm To Fix The Price Of Newlydeveloped Product I. II. Price skimming Price penetration
Fixing the high price in eaarly stages I. Only if you are innovator II. Unaffordable for every one What happen then Everyone has wish to buy Increase in sale Till you are the leader
When your product start selling you low your products price Difficult for competator to survive Firms move from skimming towards penetration but it is impossible to move from penetration towards skimming
strategic choices about how to price their products to best achieve their business goals. i. ii. iii. iv. v. Product line pricing Optional pricing Captive pricing Buy product pricing product bundle pricing
Setting the price steps between various products of same company With different advantages
Offering of free products with your core product Tool kit with car
Core products are at low price but other related parts are expensive Printer and cartridge
Price is lower then the cost but the firm covers its profit from raw material by selling or utilizing Like in villages people never destroy the raw material of maze and wheat they use it for different things
Pakistan cables simple wires are expensive but if one buy a package including terminals switches etc .they offer 10% relaxation to cutomers
DISCOUNT
Directly given to customer Encourage customer Loyalties increase Chen one
ALLOWENCE
Given To Retailer Encourage Retailer
calling cards