write the following procedures and formulas for calculating price for products in marketing? Cost Plus pricing Breakeven pricing Return on investment pricing Value based pricing

Q: Discuss the impact of pricing strategies on product positioning in the marketplace.

A: The process of figuring out where new items stand in the eyes of consumers is known as "product…

Q: how does consumer pricing differ from business pricing? I'm having trouble with this concept

A: Consumer pricing is a pricing strategy that considers the competition prevalent in the market. If…

Q: What are the five major categories of pricing strategies?Give at least two examples of specific…

A: Explanation:- When marketing a product, a company can employ a range of pricing tactics. Senior…

Q: How does the target cost method differ from the cost-plus pricing method?   Which would you prefer?…

A: Target costing determines a product's life-cycle cost, which should be sufficient to create…

Q: What are the advantages and disadvantages of that pricing strategy Levels of Pricing?

A: Advantages :

Q: What is the markup approach to pricing?

A: Cost plus price is also known as markup price. It is a pricing method where the fixed percentage is…

Q: Pricing has objective and subjective constraints when Marketing Managers must set a value based for…

A: It is important for marketing managers to have a correct pricing strategy based on the situation on…

Q: What are the four drawbacks to cost-based pricing?

A: Firms price their products in different ways. Correct pricing for the services and products provides…

Q: Discuss the role of pricing in managing profitability

A: Pricing is the relationship between an item's cost and the money consumers pay. Cost of production…

Q: Discuss three factors that affect pricing decisions for marketers (Value-Based Pricing, Cost-Based…

A: When making pricing decisions, marketers must consider several factors that influence their…

Q: Can you offer different levels of products or services at different price points? Please identify…

A: Price is the monetary value determined by the seller on the services and products offered by him. It…