Terminology
Price VS Cost?
Amount Charged/ Amount spent
A Psychological pricing tactic that appeals to customers psych
Charm Pricing AKA 99 Cent Marketing
The price of Taylor Swifts Towel
$115
The amount you made
Gross
used to seem like a discount or as luxury
Odd-Even Pricing
The Main 3 Characters known for living in a pineapple, under a rock and in (what i assume) an easter island head
Patrick Star, Squidward Tentacles, Spongebob Squarepants
The amount you lost
Net
Uses a formula to find the selling price
Cost-Plus Pricing
Who lives in a pineapple under the sea?
Absorbent and yellow and porous is he
Spongebob Squarepants
Monetary Value left after total expenses + tax
Profit
Gives Customers a packaged deal
Bundle Pricing
creature that gets nerfed every new release
Spinosaurus