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प्रश्न
The pricing strategy involves charging according to what competitors are charging ______.
विकल्प
Going rate pricing
Cost plus pricing
Penetrating pricing
Skimming pricing
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उत्तर
The pricing strategy involves charging according to what competitors are charging Going rate pricing.
Explanation:
Going rate pricing, also known as competitive pricing, involves setting the price of a product based on the prices charged by competitors. This strategy ensures that a company's prices align with the market and helps maintain competitiveness. It is commonly used in industries where products are similar and price competition is intense.
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संबंधित प्रश्न
Which pricing strategy involves charging according to their competitors?
It is also known as 'going rate pricing' or competition based pricing.
______ price refers to the high initial price charged when a new product is introduced in the market.
Selling price = Total cost per unit + Desired profit per unit is the formula to fix prices under which Pricing Strategy?
The main aim of penetrating pricing is to ______.
______ determines the sales volume and the profit margins.
What is parity pricing?
What is Cost plus pricing policy?
What pricing strategy will be used to launch shampoo?
Discuss the pros of Penetrating Pricing Policy.
