marketing: price Flashcards

1
Q

factors to consider when setting price

A
  • competition
  • quality
  • image
  • production cost
  • profit per unit
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2
Q

pricing strategies

A
  • premium price
  • psychological pricing
  • penetration pricing
  • promotional pricing
  • competitive price
  • loss leader
  • cost based pricing
  • discrimination pricing
  • skimming price
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