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.”
Tulu’s company has introduced a new line of products. She has been tasked to develop a new training programme to teach trainees about price guarantees, discounts and latitude on pricing for the new line that they have to sell.
This scenario BEST describes which ONE of the following training programme topics that she will be developing?
A.
Product and service knowledge
B.
Employee handling skills
C.
The organisation and its procedure knowledge
D.
Customer and market knowledgeable
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