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3 Cards in this Set

  • Front
  • Back

price

assignment of value, or the amount the the consumer most exchange to receive offering

Elements/ steps of price planning

1. develop pricing objectives


2. estimate demand


3. determine costs


4. evaluate the pricing environment


5. choose a pricing strategy

Step 1. of price planning

-sales objectives


-profit objectives


- competitive effect


-customer effect ( impact competion


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