Technological changes in the market . The products have Phone Number List to be profitable in shorter periods of time, because the implementation of new technologies shortens life cycles, since they allow the proliferation of brands and innovations Phone Number List much faster.A very common mistake is to set prices separately for each product. The optimal thing is to make decisions globally, since if we deal with complementary products, a price increase in Phone Number List one can reduce the demand for the other and if they are substitutes, the demand for one will increase if I raise the price of the other.
Differential Pricing Strategies Variable or Phone Number List negotiated price (houses or cars) The price is modified depending on the buyer. It is typical of industrial markets.Professional prices ( lawyers or consultants) There are different rates depending on the size of the case.Ethical prices (medicines or clinics) They are set according to the social Phone Number List purpose of the product.Random offers or discounts and periodic sales or discounts to attract or retain the consumer. Dynamic prices (hotels, airlines) Prices Phone Number List with fluctuations according to availability or online demand. Online stores and auctions can be considered.
Prices marked by the client or open Phone Number List order. The customer can bid on a service or product and withdraw when it is out of price. Companies buy at Phone Number List the price they set themselves. An example is the case of 12designer.comFlexible prices. They are set based on the balance between online supply and demand.Name your price . The online sale will be assigned if the price exceeds a price set by the company. Premium. The consumer acquires a product with a series of basic characteristics. Once tested, you can upgrade Phone Number List those features for a fee or stick with the basic functionality. It is used in mobile Phone Number List marketing through app downloads.