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leonid [27]
1 year ago
12

Companies like walmart that assert a ""more for less"" strategy are using ______ pricing.

Social Studies
1 answer:
svetoff [14.1K]1 year ago
7 0

Companies like Walmart that assert a "more for less" strategy are using value-based pricing.

What is value-based pricing?

  • Value-based pricing is a method of setting prices that is mostly based on how much a consumer thinks a product or service is worth.
  • Value pricing is which means that businesses set their prices in accordance with what consumers think a product is worth.
  • Value-based pricing differs from "cost-plus" pricing, which computes prices after taking manufacturing costs into account.
  • Companies that provide distinctive or highly desirable products or services are better positioned to benefit from the value pricing model than those that sell primarily commoditized goods.
  • The value-based pricing theory primarily applies in marketplaces where owning a product improves a customer's self-image or enables unmatched life experiences.

To learn more about Value-based pricing refer to:

brainly.com/question/17438199

#SPJ4

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