CHAP 6 EXAMPLES DRILL Flashcards

1
Q

el nido resort caters a class A market, they have a villa at P30,500 per noight maximum of 3 persons

A

prestige pricing

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2
Q

before P125 now P100

A

market skimming pricing

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3
Q

tagaytay country hotel maintains relatively lower rates compares to the more expensive the twin lakes hotel, which is also in tagaytay. this strategy attract a wider segment of the market

A

market penetration pricing

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4
Q

3 for P100

A

product bundling pricing

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4
Q

book 10 rooms to earn 1 free

A

volume discounts

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5
Q

burger, fries, and drinks for P150

A

PRODUCT BUNDLING PRICING

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6
Q

special rates for long staying guests

A

volume discounts

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6
Q

piso fare

A

discounts based on the time of purchase

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6
Q

buy one take one

A

promotional pricing

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6
Q

sold for a foreigner at $100, sold to a local resident for only P2,000 only

A

discriminatory pricing

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7
Q

merienda buffet for only P250 (2:00-5:00 pm)

A

discounts based on the time of purchase

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8
Q

P1,999 P499

A

psychological pricing

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