Reference no: EM133166010

Summary the following in bullet points and short statement?

Price is based on four stages namely; nutritional value, value of operating costs, commercial value and profit margin calculator. Their is no wrong pricing strategy thus because my clients care about three things which are; taste of the product or the quality of the service, punctuality and service provided I consider all this things as I price my products and services. My customers are interested in quality, reliability, efficiency and value of money. Firstly, specialized packages, focused on minimal categories and after sitting down with a nutritionist, partners classified three levels which include third class, low prices, poor quality meat and limited acidity. Secondly they have an identity and a variety of dishes and their prices are correct. I will offer discounts which do not exceed 20% if the profit rate is 30% simply meaning discount does not exceed the profit. Terms and conditions are different than the two offers hence they are not inclusive of each other and at specific times the offer must be compelling.

Prices are subject to various reasons which include; social, religious, political, economical, environmental among others. An example, the war in Russia has affected prices in products and services therefore my price strategy or policy will vary with situations in which I will review often. I am starting with a low price to gain a market share since a low price will be gradually and deliberately increased according to current conditions so long as their are profits. I will choose a site that lacks competition whereby this site will focus on companies and institutions to attract their employees to our plan hence avoiding price changes offered by our competitors due to our bad experience in this area and also the market adopts a lot in this area.