Pricing Strategies

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  • 1 Types
August 18, 2024 5 min read Dictionary
Geographical Pricing
Pricing Strategies Market Dynamics Geographical Pricing Pricing Strategies Market Research Revenue Optimization International Trade
Geographical pricing is the practice of adjusting the sale price of items based on where the buyer is located, often balancing between shipping costs and local willingness to pay.
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August 18, 2024 6 min read Dictionary
Penetration Pricing
Marketing Pricing Strategies Penetration Pricing Marketing Strategy Pricing Customer Acquisition Sales Tactics
Penetration pricing is a strategy used to attract customers to a new product or service by offering a lower price initially.
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August 18, 2024 6 min read Dictionary
Price Skimming
Pricing Strategies Marketing Tactics Price Skimming Marketing Pricing Models Business Strategy Economics
A pricing strategy where a firm starts with the highest initial price and lowers it over time.
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August 18, 2024 6 min read Dictionary
Variable Cost-Plus Pricing
Pricing Strategies Cost Accounting Variable Cost Pricing Model Markup Profit Margin Cost Structure
A pricing strategy that adds a markup to variable costs, ideal for certain situations.
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August 18, 2024 5 min read Dictionary
Volume Discount
Discounts Pricing Strategies Bulk Purchasing Sales Incentives Pricing Economics Business Strategies
A volume discount is an economic incentive that encourages bulk purchases by offering reduced prices.
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