{"id":112632,"date":"2023-06-26t11:58:22","date_gmt":"2023-06-26t15:58:22","guid":{"rendered":"\/\/www.g005e.com\/?p=112632"},"modified":"2023-08-01t23:56:22","modified_gmt":"2023-08-02t03:56:22","slug":"the-role-of-strategy-in-pricing","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/06\/26\/the-role-of-strategy-in-pricing\/","title":{"rendered":"the role of strategy in pricing"},"content":{"rendered":"
<\/a>consider the value conferred to the customer.<\/strong><\/p>\n by ed mendlowitz<\/i> pricing strategies need to vary based upon what is being sold.<\/p>\n products sold range from commodities all the way to highly customized products or services. factors determining the pricing and value to the customer are the product and its classification, the perception of use and value, the impact of branding in creating the quality, ease of availability or degree of scarcity, how delivered and timing and cost of delivery, volume and frequency of orders, inventory needs and type of customer.<\/p>\n more: <\/b>how to react to trends<\/a> | where is your firm in its lifecycle?<\/a> | wow clients with trend analysis<\/a> | trends are all around us<\/a> | six kinds of loan covenants<\/a> | 26 ways to wreck a financial projection<\/a> | how to prepare business plan financial projections<\/a> | what\u2019s more profitable, raising or lowering prices?<\/a> | three ways to run a break-even analysis<\/a> cost is also a factor in the pricing, but it is unrelated to the value to the customer. no business can sustain itself if the pricing does not permit a profit.
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