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Topic Seven PowerPoint File
Topic Seven PowerPoint File

... Volume discounts and wholesale pricing Cash and early payment discounts Seasonal pricing Bundling Price flexibility Price discrimination ...
Topic 7 Marketing Mix
Topic 7 Marketing Mix

... Volume discounts and wholesale pricing Cash and early payment discounts Seasonal pricing Bundling Price flexibility Price discrimination ...
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... It involves determining the so-called ‘psychological price’ (or ‘acceptable price’), which maximizes demand. Whilst this approach is not often used, it is based on a less ‘mechanical’ methodology than previous approaches and it takes a more holistic line in terms of considering the marketing mix as ...
Lecture 4 - arlt
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... • developed partly due to dissatisfaction with PLC in 1970s: – company’s products at different stages of development; – company should balance sales growth and cash flow in order to manage its level of risk; – develop a portfolio of products which will change over ...
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... beyond a certain point would require building and operating an additional call center ...
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Chapter 11 - Austin Community College
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... Horizontal price fixing among companies at the same level of a distribution channel is illegal. In most cases, retailers are free to establish their own final selling prices. Prices charged by manufacturer- or wholesaler-owned retailers may still be restricted by the owner. Some states have enacted ...
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... • EDLP saves search costs of finding lowest overall prices • High/low provides the thrill of the chase for the lowest price ...
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... Anticipated Problem: What are the different pricing strategies available to business? II. A seller may temporarily or permanently apply various pricing strategies to the basic prices of its individual products or complete product lines. Discussed here are four basic pricing strategies: A. New-produc ...
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Yield management

Yield management is a variable pricing strategy, based on understanding, anticipating and influencing consumer behavior in order to maximize revenue or profits from a fixed, perishable resource (such as airline seats or hotel room reservations or advertising inventory). As a specific, inventory-focused branch of revenue management, yield management involves strategic control of inventory to sell it to the right customer at the right time for the right price. This process can result in price discrimination, where a firm charges customers consuming otherwise identical goods or services differing prices for doing so. Yield management is a large revenue generator for several major industries; Robert Crandall, former Chairman and CEO of American Airlines, gave yield management its name and has called it ""the single most important technical development in transportation management since we entered deregulation.""
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