Determine the cost based pricing, Marketing Management

Assignment Help:

Determine the Cost Based Pricing

Under this method, price of product is fixed by adding the amount of desired profit margin to the cost of product. If a specific soap costs the marketer 8 $ and he desires a profit of 25%, the price of the soap is fixed at 8$ + (8x25/100) = 10$. While calculating the price in this way, all costs (variable as well as fixed) incurred in manufacturing product are taken into consideration.

 


Related Discussions:- Determine the cost based pricing

What is a behavioral measure of customer satisfaction, What is a behavioral...

What is a behavioral measure of customer satisfaction measurement? Behavioral Measures of Customer Satisfaction Measurement: This is sometimes believed that dissatisfactio

Major characteristics of a strong brand name, Question 1: (a) What are...

Question 1: (a) What are the major characteristics of a strong brand name? (b) What is the necessity for an organisation to make use of brand extension & flanker brand str

Test marketing, approaches followed by FMCG in test marketing

approaches followed by FMCG in test marketing

Market segmentation and targeting, You are needed to complete the following...

You are needed to complete the following piece of work: 'Bodyproud Fitness' is a relatively new health and fitness company based in Huddersfield. The company was produced in res

Information-processing marketing communications, Marketing communications ...

Marketing communications Marketing communications have been used to convey product-related information to customer-based audiences. Today, a range of stake holders have connec

Innovation, Innovation Any modernizing modification in a process or pro...

Innovation Any modernizing modification in a process or procedure which is increases the efficiency of that process or procedure.  Information technology has been the catalyst

#title.CASELET 2, HOW SHOULD SHOPPER''S STOP DEVELOP ITS DEMAND FORECASTS?

HOW SHOULD SHOPPER''S STOP DEVELOP ITS DEMAND FORECASTS?

Introduction to sales promotion, Sales promotion: Meaning & definition...

Sales promotion: Meaning & definition: the word promotion originates from the Latin word "promovere" to move forward or to push forward. Sales and promotion are the two diffe

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd