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What pricing strategy will be used to launch a high-end smartphone? - Commercial Applications

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What pricing strategy will be used to launch a high-end smartphone?

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उत्तर

High-End Smart Phone: Cost plus pricing strategy.

For a high-end smartphone, a cost-plus pricing strategy is commonly used. This approach is based on the principle that the selling price of a product should cover its total cost and provide a reasonable profit margin. The margin can be either a fixed amount per unit or a percentage of the cost. This margin is referred to as a "mark-up," hence the term "mark-up pricing."

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Price - Pricing Strategies
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अध्याय 2: Marketing mix - 4 P's - QUESTION BANK [पृष्ठ ४२]

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गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 2 Marketing mix - 4 P's
QUESTION BANK | Q 27. (i) | पृष्ठ ४२
गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 2 Marketing mix - 4 P's
EXERCISES | Q 16. (i) | पृष्ठ ३७
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