The products have to be profitable in shorter Whatsapp Mobile Number List periods of time, because the implementation of new technologies shortens life cycles, since they allow the proliferation of brands and innovations much faster. A very common Whatsapp Mobile Number List mistake is to set prices separately for each product. The optimal thing is to make decisions globally, since if we deal with complementary products, a price increase in one can Whatsapp Mobile Number Listreduce the demand for the other and if they are substitutes, the demand for one will increase if I raise the price of the other.
Differential Pricing Strategies Variable or Whatsapp Mobile Number List negotiated price (houses or cars) The price is modified depending on the buyer. It is typical of industrial markets. Professional prices ( lawyers or consultants) There are different rates Whatsapp Mobile Number List depending on the size of the case. Ethical prices (medicines or clinics) They are set according to the social purpose of the product. Random offers or discounts and periodic sales or Whatsapp Mobile Number List discounts to attract or retain the consumer. Dynamic prices (hotels, airlines) Prices with fluctuations according to availability or online demand. Online stores and auctions can be considered.
Prices marked by the client or open order. The Whatsapp Mobile Number List customer can bid on a service or product and withdraw when it is out of price. Companies buy at the price they set themselves. An example is the case of predesignate Flexible prices. They Whatsapp Mobile Number List are set based on the balance between online supply and demand. Name your price . The online sale will be assigned if the price exceeds a price set by the Whatsapp Mobile Number List company. Premium. The consumer acquires a product with a series of basic characteristics.