This document summarizes a research paper that examined the effects of pricing strategies on the purchase of consumer goods. It reviewed literature on different pricing objectives, strategies, and frameworks. The research utilized secondary data and found that consumers perceive value in prices and competitors' prices affect purchase decisions. It also found that online pricing informs and influences consumer purchase decisions. The study contributes to knowledge around pricing strategies and the consumer purchase process. It recommends firms focus on communicating value through prices while also monitoring competitors' prices and how they impact sales.