Pricing Strategies

  • 2 Posts
  • 1 Sections
  • 1 Types
August 25, 2024 4 min read Definitions
Prestige Pricing: Assumed Quality at a Higher Cost
Economics Pricing Strategies Marketing Premium Pricing Perceived Value Consumer Behavior Retail Brand Positioning
Prestige Pricing reflects the assumption that consumers perceive higher-priced items as higher quality, leading firms like Tiffany's to avoid inexpensive retail items.
Read more about Prestige Pricing: Assumed Quality at a Higher Cost.
August 24, 2024 4 min read Definitions
Variable Cost-Plus Pricing: Overview, Advantages, and Disadvantages
Economics Finance Pricing Strategies Variable Cost Pricing Methods Markup Business Strategy Cost Management
Explore the ins and outs of Variable Cost-Plus Pricing, a strategic pricing method that involves adding a markup to total variable costs to determine the selling price. Understand its advantages, disadvantages, and practical applications.
Read more about Variable Cost-Plus Pricing: Overview, Advantages, and Disadvantages.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.