Fun Facts
Why do companies end prices at .99 cents
Feels cheaper
What is a key driver of business success
Pricing
When theres a reduction in price
Discount pricing
Why would $150 sell more than $150.00
Simpler prices sell more
What are cost-based, value based, and skimming example of.
Pricing Strategies
Outlines how a business sets its prices including factors like production cost, value propositions and supply and demand for products.
Pricing policy
90% of retail prices end in which 2 numbers?
9 or 5
What are some external influences of pricing decisions?
Market demand, competition, and economic conditions.
Marketing tactic designed to generate an emotional response
Psychological pricing