M/s. Reliable Incorporates are in the business of Garment Manufacturing. The company is known for its creative and unique designs. The company has local, national and international presence. The product categories of the company comprise of formals, casuals, suits, designer wears and wedding outfits with the brand name as “RI”.M/s. Reliable Incorporates wants you to assist in pricing strategy and ensuring how could it reach to the clients thereby wanting to increase the profitability of the business
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
M/s. Reliable Incorporates are in the business of Garment Manufacturing. The company
is known for its creative and unique designs. The company has local, national and
international presence. The product categories of the company comprise of formals,
casuals, suits, designer wears and wedding outfits with the brand name as “RI”.M/s. Reliable Incorporates wants you to assist in pricing
strategy and ensuring how could it reach to the clients thereby wanting to increase the
profitability of the business.
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