What is Pricing?: Pricing of all organizations either for-profit organizations or non-profit organizations must be able to meet their proposition to survive.
Even political parties have their supporters. Those who are able to survive a social organization. If people believe and getting the sale is the delivery of the organization that can.
1. What is Pricing?
It is the organizational offering to the consumers. The goal is not achieved until the sale is made. This is when a sale results in a sale. This only happens if the result of the sale is acceptance.
The organization’s live purchase offer is received or affirmed by the consumer for sale and purchase. Behavior is the final report of overall marketing. The return on sale is the price as per the price.
Means the fee amount for a good or service award. Cost to the customer This includes their effort or money. On the other hand, it aims at getting the salesperson its ultimate source of revenue.
What is ultimately transmitted to the various departments of the organization is the lifeblood of the Prophet. Business organizations can convert sales into a return on their investment.
The continuity of the standard of living of the employee, the community tax to the government, and the satisfaction of the consumers determine the value of profit and loss.
One mistake of rebellion can cause a business to fail. Even when all other elements of the business are good rewards. Even then the price received is contested.
which is exchanged for something else. Value is money exchanged for a good or service. which is based on the price paid. The expected satisfaction that consumers get from the product and not necessarily the actual satisfaction they get.
Price is the only element in the market mix. which is the revenue produced. All other elements represent the cost price. The most flexible element of the marketing mix.
What is the Communication of Service Product?
Types of Communication 9 types with Explain
So the most difficult challenges and opportunities are in the pricing tool product. And the channel decision cannot be changed quickly.
But it is possible to change the pricing decision. And prize competition is the number one problem-facing tool for many marketing managers.
The value can be anything with the value previously received. Not only money service organization fixes the prices of their service under different names.
Such as rate traffic service fees Hotels and airlines prefer to use the term traffic because the sales service government has fixed the price of their service and destination cost.
And have collected value from visitors under different names. Such as visa fee in transfer, tourism service fee, respect area fee, additional royalty protection fee, etc.
Service organizations have different types of pricing terms. And the concept differs from one other in the name and meaning of the constraints of value.
What are the internal factors of service pricing?
What is the External Factor of Pricing Service?
2. Various Name of Pricing
Bank charges such as interest paid for the use of funds.
Paid to receive service. Tariff values like import duty hotel tariff airtel tariff etc. This is also related to government tax.
Rent paid for the use of facility equipment. Such as house rent, future furniture rent, land, building, etc.
Sales commission, broker commission, etc. Commission paid for services like discount value.
Salary and payment of wages for the service of workers.
Tax value paid for a privilege such as income tax import tax.
The fee is paid for the service of the professional in the form of tuition fees, counseling fees, etc.
One of the many distinguishing features of service marketing is the global diversity of pricing policies. Adoption of bi-service organization restaurant fee server prices for the same mail, tour operators of a variable price for pre-booking late booking, of course, most carrier fees for parks and major fees vary e-separate For nationality, the government charges a visa fee in transfer. Which does not represent the price of Commodity Surprise. Service needs to be understood from different perspectives.
Frequently asked questions
What is the price?
The value represents an object. Because the value of the item is not determined, then the existence of that commodity is negligible at the present time. The attribute of the value object is public. Value is the cost incurred at the time of producing the commodity.
Value is a service. you agree.
YES is presented as an Absolutely Value Service. Because wherever we go, whatever service we use. Price is given for that service That price and service are considered to be the same so the price is a service.
What is the buyer’s perception of value?