product pricing Flashcards

1
Q

product-line pricing

A

setting prices for an entire line of products

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2
Q

product bundle pricing

A

setting one price for a set of products

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3
Q

optional product pricing

A

the pricing of optional or accessory products along with a main product

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4
Q

by product pricing

A

pricing low-value by-products to get rid of or make money on them

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5
Q

two-way product line stretch

A

a product line extension that simultaneously expands new items both toward the higher and lower ends of the market

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6
Q

line extension

A

development of a product that is closely related to existing products in the line but is designed specifically to meet different customer needs

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7
Q

brand extension

A

the use of the same brand name for new products being introduced to the same or new markets

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8
Q

new brand

A

new product category, new brand name

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9
Q

multibrands

A

marketing many different brands in a given product category

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10
Q

product line filling

A

adding more items within the present range of the line

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11
Q

product line depth

A

the number of product items in a product line

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12
Q

product mix length

A

total number of items a company carries within its product lines

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13
Q

product mix width

A

the number of product lines an organization offers

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