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DETERMINE PRICING OF PRODUCTS AND SERVICES USING PRICING.pptx
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- 8. z DETERMINE PRICING OF PRODUCTSAND SERVICES USING PRICING MODEL
- 9. z PRICE Amount ofmoney charged for a product or service Sum of all values the consumer exchanges for the benefits of owning or using a product or service
- 10. z PRICING STRATEGY Isa part of of the pricing system wherein the government becomes alert against those who are abusing and amking unreasonable price.
- 11. z MODELS IN PRICING GOODSAND SERVICES
- 12. z FIND THE UNITPRICE: 1. If you have 10 jackets for P180.00 unit cost, how much will be the unit price at 40% Target Profit in Percent (TPP)? 2. Compute how much will be the price of a bottle of perfume when the cost is P250.00 with 38%TPP?
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Editor's Notes
- #2 For example, a business might choose to price its product $9,99 instead of 10$ to make the product appear much cheaper. It relies on the assumption that consumers focus only on the first digits when they look at the product price.
- #4 Bundle pricing is a pricing strategy used by retailers, where they create a bundle of products and offer them at a lower price than if each product was bought separately.
- #5 a pricing strategy in which prices are set at a high level, recognising that lower prices will inhibit sales rather than encourage them and that buyers will associate a high price for the product with superior quality; also called Image Pricing.
- #7 A product sample is a sample of a consumer product that is given to the consumer free of cost so that they may try a product before committing to a purchase.