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Pricing التسعير strategies and Programs Chapter 9
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Pricing done – - introducing a new product - introducing a new product in a new distribution توزيع channel or in a new market / geographic area.
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Setting the price – Selecting pricing objective [ profit, survival …] – Determining demand [price sensitivity] – Estimating costs [fixed and variable] – Analyzing competitor’s costs, prices,and offers – Selecting pricing method [mark up pricing, target return, perceived value, value pricing, going rate pricing, sealed bid pricing] – Selecting final price To consider psychological pricing, marketing mix elements, company pricing policies, impact of price on other parties
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Adapting the price Geographical pricing Price discounts and allowances [early payment, volume purchases, off-season buying …] Promotional pricing [special event, cash rebate, low interest, …] Discriminatory pricing [customer segment pricing, product form pricing, image pricing, …] Product – Mix [product line pricing, optional feature pricing, captive product pricing (blades) …]
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Initiating and Responding to Price Changes Initiating price cuts Excess فائض capacity Declining انخفاض market share Dominate تهيمن market through lower costs economic recession ركود
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Initiating price increases [ due to - Cost inflation, over demand] Price increases through - Delayed quotation pricing [pricing during delivery] Escalator clauses [provision for increases] Unbundling of goods and services [pricing the parts] Reduction of discounts [stopping the normal discounts]
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