State the term - price, Marketing Management

Assignment Help:

State the term - Price

Price is the amount charged for a service or product. It's the second most important  element in marketing mix. Fixing the price of product is a tricky job. Many factors like demand for a product, cost involved, consumer' s ability to pay, prices charged by competitors for similar products, government restrictions etc. have to be kept in mind when fixing the price. Actually, pricing is a very crucial decision area as it has its effect on demand for product and also on the profitability of firm.

 


Related Discussions:- State the term - price

Marketing position-distribution and price strategy, Marketing Template Assi...

Marketing Template Assignment Position strategy The main aim of our marketing group is to design a lunch box menu for Starbucks. Currently, the competitors of Starbucks ha

Retail management, what is the significance of retail as an industry

what is the significance of retail as an industry

Organization behaviour, 1. Whom do you think Rajender will eat with? Why?

1. Whom do you think Rajender will eat with? Why?

Differentiates marketing research and information system, What are the diff...

What are the differences between Marketing Research and Marketing Information System? Basics points of differentiates in between Marketing Research and Marketing Information Sy

Market or market segment , Michael Porter's Five Forces model is as applica...

Michael Porter's Five Forces model is as applicable today as when it was introduced. Select a market or market segment (jeans, cell phones, etc) and using Michael Porter's model, c

Marketing management philosophies, Marketing management philosophies 1...

Marketing management philosophies 1.      The production concept: The production concept holds that consumers will favour products that are available and highly affordable;

Give a review on pricing policies for pricing of services, Question 1: ...

Question 1: Teamwork as a concept has grown over the last 20 years, especially in the service industry. Thus, teamwork success is not automatic. Teams have to be established fo

Places, what are the identifying the major channel alternatives ?

what are the identifying the major channel alternatives ?

Describe the product life cycle, Question: Your organization has recent...

Question: Your organization has recently set up an advisory unit for assisting small and medium enterprises. You have to advise a small company about its product portfolio. Pre

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