Price adjustment strategies

A
PRICE-ADJUSTMENT STRATEGIES


              By
                   Anson Thomas
                   Jogan M Philip
Price-Adjustment Strategies refers to all
those strategies which are applied by an
organisation to take into consideration the
differences among the customers and
rapidly changing environment.
SIX PRICE-ADJUSTMENT STRATEGIES
   Discount And Allowance Pricing

   Segmented Pricing

   Psychological Pricing

   Promotional Pricing

   Geographical Pricing

   International Pricing
DISCOUNT AND ALLOWANCE PRICING

   Cash discount

   Quantity discount

   Functional discount

   Seasonal discount

   Allowances
SEGMENTED PRICING

 Customer   Segmented pricing

 Product   form pricing

 Location   pricing
PSYCHOLOGICAL PRICING

Psychological pricing is a business concept
supported by the idea that customers respond
better to certain types of prices and will more
likely to buy items with these prices. Most often,
such prices have end digits of nine, 99 or 95
PROMOTIONAL PRICING

Many organisations try to promote their products by
lowering down the prices of their products below
list price or even cost .Such promotional pricing
helps the marketers to attract the more customers in
short period of time .
GEOGRAPHICAL PRICING

Companies also charge different prices from the
customers living in    different parts of the country or
world.   If   the   customers   are   living   in   distant
areas, Companies have to charge higher prices to cover
the cost of shipment but this will result in the losing of
customers to cmpetitors . Therefore it becomes diffcult
for the company whether to charge the uniform prices
through out the country or change prices according to the
geographical conditions in which the customers
INTERNATIONAL PRICING
  Companies that market their products internationally
  must     decide    what     prices   to     charge   in
  the different countries in which they operate. In some
  cases, a company can set a uniform worldwide
  price. The price that a company should charge in a
  specific country depends on many factors,
  including
 Economic Conditions,

 Competitive Situations,

 Laws and regulations,

 Consumer perceptions and preferences

 Development of wholesaler and retailer system
THANK YOU
1 de 10

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Price adjustment strategies

  • 1. PRICE-ADJUSTMENT STRATEGIES By Anson Thomas Jogan M Philip
  • 2. Price-Adjustment Strategies refers to all those strategies which are applied by an organisation to take into consideration the differences among the customers and rapidly changing environment.
  • 3. SIX PRICE-ADJUSTMENT STRATEGIES  Discount And Allowance Pricing  Segmented Pricing  Psychological Pricing  Promotional Pricing  Geographical Pricing  International Pricing
  • 4. DISCOUNT AND ALLOWANCE PRICING  Cash discount  Quantity discount  Functional discount  Seasonal discount  Allowances
  • 5. SEGMENTED PRICING  Customer Segmented pricing  Product form pricing  Location pricing
  • 6. PSYCHOLOGICAL PRICING Psychological pricing is a business concept supported by the idea that customers respond better to certain types of prices and will more likely to buy items with these prices. Most often, such prices have end digits of nine, 99 or 95
  • 7. PROMOTIONAL PRICING Many organisations try to promote their products by lowering down the prices of their products below list price or even cost .Such promotional pricing helps the marketers to attract the more customers in short period of time .
  • 8. GEOGRAPHICAL PRICING Companies also charge different prices from the customers living in different parts of the country or world. If the customers are living in distant areas, Companies have to charge higher prices to cover the cost of shipment but this will result in the losing of customers to cmpetitors . Therefore it becomes diffcult for the company whether to charge the uniform prices through out the country or change prices according to the geographical conditions in which the customers
  • 9. INTERNATIONAL PRICING Companies that market their products internationally must decide what prices to charge in the different countries in which they operate. In some cases, a company can set a uniform worldwide price. The price that a company should charge in a specific country depends on many factors, including  Economic Conditions,  Competitive Situations,  Laws and regulations,  Consumer perceptions and preferences  Development of wholesaler and retailer system