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

Matrix, how to create a 8*15 matrix by a5*6 and a 2*45 matrices in matlab

how to create a 8*15 matrix by a5*6 and a 2*45 matrices in matlab

Marketing mix, design marketing mix for product fash wash

design marketing mix for product fash wash

Core marketing concepts , ''Analyze and assess the importance the marketing...

''Analyze and assess the importance the marketing concept to a marketer in today’s global and competitive environment.’

Define the company in microenvironment, Define the company in microenvironm...

Define the company in microenvironment. The Company: The Company while designing marketing plans, marketing management should take other company groups, as like top manage

What are the advantages of using e-commerce, What are the advantages of usi...

What are the advantages of using e-commerce? Fundamental Benefits of E-Commerce are illustrated below: The major benefits are increasing sales and decreasing costs. The othe

Control of municipality over out-door advertising, Q. Control of Municipali...

Q. Control of Municipality over Out-door Advertising? Municipalities have been given powers to check as well as regulate outdoor-advertising in their respective municipality ar

Explain about packaging in marketing function, Explain about packaging in m...

Explain about packaging in marketing functions of physical treatment. Packaging: Packaging has become one of the necessary services of modern marketing. This acts like a m

Description of algebra, In algebra, it seems appropriate that a sequence of...

In algebra, it seems appropriate that a sequence of content designed to help mother and father better comprehend Algebra's primary ideas should start with a description of Algebra

What is multi brand, What is Multi Brand? Multi Brand: Company fr...

What is Multi Brand? Multi Brand: Company frequently introduce additional brands into the similar category. This branding offers a way to establish various features and a

#title., what are the pricing objectives?

what are the pricing objectives?

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