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प्रश्न
Selling price = Total cost per unit + Desired profit per unit is the formula to fix prices under which Pricing Strategy?
विकल्प
Skimming pricing
Penetrating pricing
Cost plus pricing
Parity pricing
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उत्तर
Cost plus pricing
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संबंधित प्रश्न
It is also known as ‘going rate pricing’ or competition based pricing.
Markup pricing is also called as ______.
The main aim of penetrating pricing is to ______.
“Parity pricing is not relevant under the present marketing conditions.” Justify either for or against by giving two reasons.
Mention the advantages of cost plus pricing.
Give one difference between skimming pricing and penetrating pricing.
Skimming pricing policy is ideal for introducing a product in the FMCG sector. Justify for or against.
| Evergreen Cosmetics is planning to launch a new range of ‘anti-wrinkle creams’ in the Indian market. They conducted a market survey and found potential competition from Remain Young. Since they are targeting the higher strata of society, the cream is being priced much higher than their competitors. They plan to use the television as a media to advertise this anti-wrinkle cream as opposed to print media which is largely used by them for their other products. Officials at Evergreen Cosmetics feel that with the correct style of promotion, they could easily be successful in the market. |
- Identify and explain the pricing strategy that is being used by Evergreen Cosmetics.
- Describe any two qualities that a salesman selling this product should possess.
- Explain any two tools of sales promotion that can be used here.
Discuss the pros of Penetrating Pricing Policy.
What are various strategies used for pricing a product?
