The four basic methods of making pricing decisions are cost-plus pricing, demand pricing, markup pricing and competitive pricing. These methods are used to determine the optimal price that a customer is willing to pay for a product or service.Know More
According to McKinsey & Company, increasing the price of a product or service by only 1 percent translates into a profit increase of 8.7 percent, assuming volume remains the same. There are four methods a company can use to calculate the optimal price.
1-800-Got-Junk does not have a standard average price. The pricing for the waste removal service depends on a number of variables, including the service area, amount of space in the truck used and the type of material being removed. The company has more than a dozen pricing categories.Full Answer >
Laws and regulations vary from state to state on the resale of marine equipment and depend on the quantity, type and legal ownership of the equipment being sold. Transactions involving ones personal property do not require that the seller be licensed unless the individual is acting in a retail capacity.Full Answer >
The best place a person a can sell his or her fur coats is on the Internet through sites such as eBay, BuyMyFur, Mano Swartz and webfurs.com. A person should do research prior to choosing a good site to use. Sites that deal in buying fur coats will quote a price after seeing pictures of the coat or the coat itself.Full Answer >
Types of product strategies include product positioning, re-positioning, overlap, scope, design, elimination and diversification. Additionally, companies can compete by bringing entirely new products to market or offering a superior value on existing products. Important considerations when selecting a product strategy are research, design, pricing, promotion and distribution.Full Answer >