By product Pricing Notes: Definitions & Explanations PDF Download
Study By product Pricing lecture notes PDF with marketing definitions and explanation to study “What is By-product Pricing?”. Study by product pricing explanation with marketing terms to review marketing course for online MBA programs.
By product Pricing Definition:
Setting a price for by-products to make the main product's price more competitive.
Principles of Marketing by Philip T. Kotler, Gary Armstrong
By product Pricing Notes:
By product pricing is a strategy in which by product of a process are sold separately at a certain price, in order to get more profit form the existing product manufactured in the company. However, by product is a material which is derived from the main product as a result of producing another material.
Keep Learning with Marketing Notes
What is Brand Equity?
It is a marketing terminology that defines value of the brand. The brand reputation can be assessed by consumer perceptions ...
What is Alternative Evaluation?
It is a set pattern among the buyer with the product decision, buyer usually gather product based information from the ...
What is Contractual Sales Force?
Contractual sales people are those who are part time paid representatives in the company. They are usually hired on commission ...
What is Direct-mail Marketing?
It is a type of direct marketing which send promotional messages to their current and potential customers through email, letters, ...
What is Sponsorship?
Supporting something (or somebody) is the demonstration of supporting an occasion, movement, individual, or association monetarily or through the arrangement ...
What is Line Extension?
Line expansion and brand augmentation address the showcasing of business products. The brand alludes to the perceived item or organization ...