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.
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Answer:
he United States entering the war tipped the balance in favor of the Allies and helped to defeat Germany is <u>True.</u>
Narrow in scope, because it was written almost exclusively by white European males.
Answer: The reason why the nausea is not associated with the cues of the room and so on is because of biological preparedness.
Explanation: People are naturally predisposed to form associations between tastes and illness (taste aversions) due to the evolution of survival mechanisms. This ensures their chances for survival and the likelihood that they will reproduce.