Other Issues When Setting PriceAs we have seen in this tutorial, as well as in the Pricing Decisions tutorial, marketers must consider many factors when making a pricing decision. We conclude our discussion of pricing by suggesting several other issues that can impact how price is set. These include:
Add Comment |
Setting Price: Part 2More ResourcesKnowThis: Marketing Basics Book396 pages - Only $25
Samples of Marketing TutorialsCost Pricing: Cost-Plus Method In the same way markup pricing arrives at price by adding a certain percentage to the product’s cost, cost-plus pricing also adds to the cost by using a fixed monetary amount rather than percentage. For instance, a contractor hired to renovate a homeowner’s bathroom will estimate the cost of doing the job by adding their total labor cost |


0 Comments