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The Marketing Mix Hillary Jenkins, Otago Polytechnic Pricing
[object Object],[object Object],[object Object],[object Object]
Introduction ,[object Object],[object Object],[object Object],[object Object],[object Object]
Introduction ,[object Object],[object Object]
Pricing Strategy ,[object Object],[object Object],[object Object]
Pricing Strategy ,[object Object],[object Object],“ The planning of prices, including the setting of discounts, in considering items such as the price of competitive products, manufacturing and distribution costs, the firms growth and profitability, customer wants, and the elasticity of demand.”
Pricing Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Pricing Strategy ,[object Object],[object Object],Profits = Total Revenues – Total Costs Profits = (Prices x Quantities sold) – Total Costs OR
The Key Determinants for Pricing Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Firm’s overall objectives Marketing & Selling objectives ,[object Object],[object Object],[object Object],[object Object],Competitors’ pricing behaviour and type Market demand /  perception Legal / regulatory requirements MARKETPLACE ORGANISATIONAL Factors influencing price selection
Pricing Strategies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Quantity or Trade Discount ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cash Discounts ,[object Object],[object Object]
Flexible Price Strategy ,[object Object],[object Object]
Price Lining ,[object Object],[object Object]
Leader Pricing ,[object Object],[object Object]
[object Object],Activity
Feedback ,[object Object],[object Object],[object Object],[object Object]
Buyers Perceptions ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Activity
Feedback ,[object Object],[object Object],[object Object],[object Object]
Feedback ,[object Object],[object Object],[object Object],[object Object]
Feedback ,[object Object],[object Object],[object Object]
Competition ,[object Object],[object Object],[object Object],[object Object]
PRICE COMPETITION ,[object Object]
NON PRICE COMPETITION ,[object Object],[object Object]
[object Object],[object Object],[object Object]
Competition ,[object Object],[object Object],[object Object]
Competition ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],Their reaction will depend on
Legal and Regulatory Issues ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Different Methods of Pricing ,[object Object]
PRICING POLICY ,[object Object],[object Object],[object Object]
PRICING METHODS ,[object Object],[object Object],[object Object]
Cost Orientated Pricing ,[object Object],[object Object],[object Object]
Demand Orientated Pricing ,[object Object],[object Object]
Competition Orientated Pricing ,[object Object],[object Object]

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En vedette

Interpretation In Tourism Op 08
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Marketing Process Op 08
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New Zealand Natural History Pt1 Op 08
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Disaster Relief 2.0
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Job Interview Op 08
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Why Tourism Tourism Enterprises Op 08
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Why Tourism Tourism Enterprises Op 08susanellis
 
Buying Selling In Tourism Op 08
Buying Selling In Tourism Op 08Buying Selling In Tourism Op 08
Buying Selling In Tourism Op 08susanellis
 
Intro To Adventure Tourism Op 08
Intro To Adventure Tourism Op 08Intro To Adventure Tourism Op 08
Intro To Adventure Tourism Op 08susanellis
 
Leadership Op 08
Leadership Op 08Leadership Op 08
Leadership Op 08susanellis
 

En vedette (9)

Interpretation In Tourism Op 08
Interpretation In Tourism Op 08Interpretation In Tourism Op 08
Interpretation In Tourism Op 08
 
Marketing Process Op 08
Marketing Process Op 08Marketing Process Op 08
Marketing Process Op 08
 
New Zealand Natural History Pt1 Op 08
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Job Interview Op 08
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Why Tourism Tourism Enterprises Op 08
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Why Tourism Tourism Enterprises Op 08
 
Buying Selling In Tourism Op 08
Buying Selling In Tourism Op 08Buying Selling In Tourism Op 08
Buying Selling In Tourism Op 08
 
Intro To Adventure Tourism Op 08
Intro To Adventure Tourism Op 08Intro To Adventure Tourism Op 08
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Leadership Op 08
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Leadership Op 08
 

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Plus de susanellis

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Marketing Research Op 08
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Presentation Of Dflp
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Plus de susanellis (10)

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Marketing Mix Priced Op 08

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