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Q: What are the main factors that affect product pricing?
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Related questions

What are the various factors that affect the pricing of a product?

the pricing of a product is largely depended on the two main factors : - 1. Internal like cost of production profit margin etc 2. External like type of market, general economic conditions, competitors, nature of the product etc.

Examples of by-product pricing?

a pricing method used in situations where a saleable by-product results in the manufacturing process. If the by-product has little value, and is costly to dispose of, it will probably not affect the pricing of the main product; if, on the other hand, the by-product has significant value, the manufacturer may derive a competitive advantage by charging a lower price for its main product.

What is captive-product pricing?

Pricing products that must be used with the main product. Like ink cartridges for the printer.

Usage of optional product pricing?

optional-product pricing- offering to sell option or accessory products along with their main product. for example, a car buyer may choose to order an in-car entertainment system and bluetooth wireless communication

How could optional product pricing be used by company?

Optional product pricing can be used by a company to increase both revenue and market share. This is by lowering the prices of main products and hiking the price of accompanying accessories.

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