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‘Which pricing strategy involves charging according to their competitors? - Commercial Applications

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प्रश्न

Which pricing strategy involves charging according to their competitors?

विकल्प

  • Penetrating pricing

  • Cost Plus pricing

  • Skimming pricing

  • Parity pricing

MCQ

उत्तर

Parity pricing

shaalaa.com
Price - Pricing Strategies
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2024-2025 (April) Specimen Paper

संबंधित प्रश्न

Explain the below mentioned pricing strategy:

Skimming pricing strategy


Explain the below mentioned pricing strategy:

Penetrating pricing strategy


Selling price = Total cost per unit + Desired profit per unit is the formula to fix prices under which Pricing Strategy?


The pricing strategy involves charging according to what competitors are charging ______.


Which pricing strategy will be used to launch a high end auto motors?


Parity pricing is not relevant under the present marketing conditions. Justify either for or against by giving two reasons.


What is parity pricing?


Give one difference between skimming pricing and penetrating pricing.


What is Cost plus pricing policy?


Evergreen Cosmetics is planning to launch a new range of 'anti-wrinkle creams' in the Indian market. They conducted a market survey and found potential competition from Remain Young. Since they are targeting the higher strata of society, the cream is being priced much higher than their competitors. They plan to use the television as a media to advertise this anti-wrinkle cream as opposed to print media which is largely used by them for their other products. Officials at Evergreen Cosmetics feel that with the correct style of promotion, they could easily be successful in the market.
  1. Identify and explain the pricing strategy that is being used by Evergreen Cosmetics.
  2. Describe any two qualities that a salesman selling this product should possess.
  3. Explain any two tools of sales promotion that can be used here.

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