Pricing Strategies
- Created by: lewis wasley
- Created on: 17-03-15 10:09
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- pricing strategies
- penetration pricing
- is where a firm charges a very low price when the product is new to get lot's of people interested
- cost plus pricing
- cost plus pricing is where the company sell the product for the price it was to make then add 10% to ensure profit is made
- skim pricing
- It is the opposite of destroyer pricing where the price is high when first released and once established the price lowers
- destroyer pricing
- when a price is set below cost when first released to grab the most attention then the price is gradually increased once established in the market
- penetration pricing
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