HADM 2410 Chapter Notes - Chapter 11: Price Floor, Variable Cost, Price Discrimination

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Sbus - golf courses, tennis courts, etc. everything needs its own pricing. merchandise. Wild dunes has several different offerings in regards to lodging, but they also have other. Packaging pricing must also be closely considered. great way to upsell or cross. Price: amount of money charged for a product or service; sum of the values consumers exchange for the benefits of having/using the product. Must not charge too much (scaring away customers) or too little (not maintaining enough this product, in the sense of how much will they pay for that value proposition. profit). Marketing objectives: must have a product strategy to establish a price. must know what the objectives the company has with this product is to understand its value. Survival: technique when a company"s sales slump in a manner that threatens survival. involves cutting prices to increase demand and cash flow. disrupting under they go out of business or improve.

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