Business pricings

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Competitive pricing
price in line or just below competitor's
1 of 6
Cost-plus pricing
cost of manufacturing product plus the profit mark-up
2 of 6
psychological pricing
the effect the price will have on product based on consumer's perceptions
3 of 6
penetration pricing
price is set low to enter a new market
4 of 6
price skimming
high price is set for a new product in the market
5 of 6
promotional pricing
price is very low for a certain amount of time
6 of 6

Other cards in this set

Card 2

Front

cost of manufacturing product plus the profit mark-up

Back

Cost-plus pricing

Card 3

Front

the effect the price will have on product based on consumer's perceptions

Back

Preview of the back of card 3

Card 4

Front

price is set low to enter a new market

Back

Preview of the back of card 4

Card 5

Front

high price is set for a new product in the market

Back

Preview of the back of card 5
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