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What is it When and where is it used Low price strategy Pricing functions in marketing are often based on offering very low rates in order to gain a larger market share. However, for such a plan to work, demand must be high. Conscious elimination of competition It happens that the price in marketing, but also in other sectors of the economy, is consciously lowered to such an etent that the contractor works below costs. In such a situation, price functions in marketing are designed to attract customers and eliminate competition. Price comparison websites will help
you maimize your sales. These are ecellent tools to convince the customer to choose your offer if you have attractive prices. Strategy for appropriate pricing To increase sales, it is worth ensuring that the price in marketing is correctly written. According Singapore Mobile Number List to the eperience of many salespeople, customers decide more quickly on the proposed offer if the amounts in the price list are not epressed in whole zlotys. For eample, a better effect will be achieved by offering the service for PLN . than for PLN . Summary Pricing methods are an issue that should be treated

very individually. Contrary to appearances, this task is not easy. The price and its functions must include, among others: type of products offered, visions, missions and goals of the brand, market realities. Too low rates may result in a reduction in the quality of services, and setting ecessive amounts may result in lack of interest on the part of customers. It is therefore worth analyzing the functions of price in marketing. The final pricing strategy should be preceded by market research. We need to assess how much the customer is willing to spend on our products. It is best to outsource this to eperienced companies, such as .
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