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- Compute the given data using Cost Plus Pricing and Mark Up Pricing Approaches Given Data: Product Cost = P200.00/Unit Desired Rate = 30% Quantity = 50,000 Units *Note: If there are decimal answers, Round it off to two (2) decimal places. clear and complete solution"Belle's Boutique starts off clothing full price for 4 weeks, discounts it to 25% of for 2 weeks, discounts it to 50% off for 2 more weeks, and then marks it down to below cost. Belle's Boutique uses a _________ strategy for pricing. high-low everyday low pricing skimming status quo competitive parityWeek after week, consumers shop for many of the same groceries. At some point, the product may be priced the same and look the same as before but with less in the package. If consumers are not made aware of the change, is this deception? Is this different from deceptive pricing? Explain.
- Which of the following options best describes the going rate pricing technique? Sets prices high during new product/service introduction Sets prices consistently low to attract price-sensitive customers Sets prices to align with those of competitors Sets prices to maximize profit, based on consumer demandPlease help this is just an assessment Our company Name is HEALTHY BATH COMPANY and our Product is BATHROOM HAIR KEEPER We need the following please help: Pricing Strategy Promotion Strategy Long Range Plans FacilitiesExplain the six-step process in setting company’s pricing policy with proper example? Describe, in as much detail as possible, If you don't able then please skip it.
- Some firms have profit as a pricing objective, whereas others set prices forcustomer satisfaction. What are the major differences between these two?Which is better?Price strategy is one of important component of service marketing. Why is the pricing of services more difficult than the pricing of goods? Provide an example to support your discussion.Many Firms offer a “Buy 4, Get 1 Free” card to encourage customer loyalty What is the price segmentation concepts that support such an offer? Which of the following types of fi rms is most likely to find a “Buy 4, Get 1 Free” offer to increase unit sales, and why? Gift card shop, coffee shop, hair salon, hardware store"
- When customers try to pit suppliers against each other to drive down the price, the salesperson should offer an initial discount and raise the price later on. Question 13 options: True FalseWhat is the smallest discount (new discount price), that ACME needs to offer BAKER to make it economical to purchase 4500 units next time?Just ANswer the Number 2! Here is the Answer for the Number 1. Markup price: - It is defined as the difference between cost price to make building and the price charged from customer. Markup price is simply a price that is added to actual price of construction. Any building or industrial contractors prefer markup pricing method because it sets prices for goods which will give profits to contractors. It is very useful for products whose price varies frequently. Markup pricing strategy is easy to calculate reason behind that is it consists simple equation which eliminates confusion in pricing the products. Also, it is very fast and error free with respect to other methods. With the help of markup pricing method contractors can recover labor or other price easily. Markup price is useful for bulk pricing. For example- One has to do pricing of hundreds products then just set a profit percentage on each products which will save the decision making cost.