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प्रश्न
______ determines the sales volume and the profit margins.
पर्याय
Price
Place
People
promotion
उत्तर
Price determines the sales volume and the profit margins.
Explanation:
Price is a critical factor that directly affects both the sales volume and the profit margins. Setting the right price can attract customers, influence their purchasing decisions, and impact the overall profitability of a product or service. It is an essential component of the marketing mix that needs careful consideration to balance competitiveness, cost recovery, and profitability.
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संबंधित प्रश्न
State any two advantages of cost-plus pricing strategy.
Which pricing strategy involves charging according to their competitors?
Markup pricing is also called as ______.
______ is the most common method used for pricing.
Selling price = Total cost per unit + Desired profit per unit is the formula to fix prices under which Pricing Strategy?
Factors which do not influence price determination is ______.
Which pricing strategy will be used to launch a high end auto motors?
What is parity pricing?
Discuss the pros of Penetrating Pricing Policy.
"Penetrating pricing leads to setting a high initial price". Comment
