Apart from customers and competitors, there Country Email List are other interested parties such as intermediaries, suppliers, creditors, managers and consumer organizations . The legal framework of each country can enter into the fixing Country Email List of regulated prices , such as cartels at abusive prices by monopoly, loss sales to expel competitors, authorized prices or the exchange rate and taxes. Technological changes in the market . The products have to be profitable in shorter periods of time, because the implementation of new technologies Country Email List shortens life cycles, since they allow the proliferation of brands and innovations much faster
A very common mistake is to set prices Country Email List separately for each product. The optimal thing is to make decisions globally, since if we deal with complementary products, a price increase in one can reduce the demand for the other and if Country Email List they are substitutes, the demand for one will increase if I raise the price of the other. Differential Pricing Strategies Variable or negotiated price (houses or cars) The price is modified Country Email List depending on the buyer. It is typical of industrial markets. Professional prices ( lawyers or consultants) There are different rates depending on the size of the case.
Ethical prices (medicines or clinics) They Country Email List are set according to the social purpose of the product. Random offers or discounts and periodic sales or discounts to attract or retain the consumer. Dynamic prices (hotels, airlines) Prices Country Email List with fluctuations according to availability or online demand. Online stores and auctions can be considered. Prices marked by the client or open order. The customer can bid on a service or Country Email List product and withdraw when it is out of price. Companies buy at the price they set themselves. An example is the case of predesignate Flexible prices.