What is a market based strategy?
Market-based strategic pricing involves a process in which the product prices are fixed after studying the costs of the similar products available in the market. Depending upon what a product has to offer, more or less than the competitive product, businesses decide the prices for their products.
Related Posts:
- What is the base of marketing? - Bases of Market Segmentation - Geographic, Demographic,... (Read More)
- What is base price marketing? - In market-based pricing, the company will evaluate... (Read More)
- Is selling a part of marketing? - Marketing is an overall Organisational activity (the... (Read More)
- Is selling a sub function of marketing? - The marketing function of selling helps businesses... (Read More)
- Why is selling a part of marketing? - Selling may be a part of marketing... (Read More)
- What are the 5 marketing management functions? - Major Functions of Marketing ManagementSelling.Buying and Assembling.Transportation.Storage.Standardization... (Read More)
- What are the two major roles of marketing? - The 2 Roles Of Marketingattract prospects into... (Read More)
- What are the features of marketing? - Marketing Features: Top 11 Important Features of... (Read More)
- What are the four elements of the marketing mix? - The marketing mix helps you define the... (Read More)