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oksano4ka [1.4K]
2 years ago
6

Read the following examples. Determine the type of differential or new-product pricing used as the pricing strategy.

Business
1 answer:
Mnenie [13.5K]2 years ago
5 0

pricing used as the pricing strategy

<h3>What is pricing strategy?</h3>

When selling a product or service, a company can employ a number of pricing strategies. Senior executives must first identify the company's pricing position, pricing segment, pricing capability, and competitive pricing reaction strategy in order to determine the most effective pricing strategy for the company.

Depending on the industry and business model, value-based, competition-based, cost-plus, and dynamic pricing are all common pricing models.

A pricing strategy is a model or method for determining the most competitive price for a product or service. It assists you in determining prices that maximize profits and shareholder value while taking consumer and market demand into account.

To know more about pricing strategy follow the link:

brainly.com/question/20927491

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