DEFINING ASPECTS OF SETTING THE PRICE ACCORDING TO THE CUSTOMER AND THE COMPETITION

Few managers, even those specializing in marketing, think strategically aboutpricing. Consider your experiences and observations. Were the pricingdecisions you encountered made in reaction to a pricing problem, or werethey planned to exploit an opportunity? Did the company arrive at thosedecisions b...

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Main Author: Adrian MICU
Format: Article
Language:English
Published: Universitaria Press Craiova 2006-01-01
Series:Management & Marketing
Online Access:http://www.mnmk.ro/documents/2006/2006-16.pdf
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author Adrian MICU
author_facet Adrian MICU
author_sort Adrian MICU
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description Few managers, even those specializing in marketing, think strategically aboutpricing. Consider your experiences and observations. Were the pricingdecisions you encountered made in reaction to a pricing problem, or werethey planned to exploit an opportunity? Did the company arrive at thosedecisions by analyzing only the immediate impact on profitability, or did it alsoconsider how the reactions of customers or competitors might change thepicture? Did the decisions focus purely on price, or did they involve alignmentof a marketing program to support the pricing decision? Few companiesproactively manage their business to create the conditions that foster moreprofitable pricing.
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spelling doaj-art-4af0d68f91c74bb0b9c141da0bccc5432025-08-20T02:00:34ZengUniversitaria Press CraiovaManagement & Marketing1841-24162006-01-011123125DEFINING ASPECTS OF SETTING THE PRICE ACCORDING TO THE CUSTOMER AND THE COMPETITIONAdrian MICUFew managers, even those specializing in marketing, think strategically aboutpricing. Consider your experiences and observations. Were the pricingdecisions you encountered made in reaction to a pricing problem, or werethey planned to exploit an opportunity? Did the company arrive at thosedecisions by analyzing only the immediate impact on profitability, or did it alsoconsider how the reactions of customers or competitors might change thepicture? Did the decisions focus purely on price, or did they involve alignmentof a marketing program to support the pricing decision? Few companiesproactively manage their business to create the conditions that foster moreprofitable pricing.http://www.mnmk.ro/documents/2006/2006-16.pdf
spellingShingle Adrian MICU
DEFINING ASPECTS OF SETTING THE PRICE ACCORDING TO THE CUSTOMER AND THE COMPETITION
Management & Marketing
title DEFINING ASPECTS OF SETTING THE PRICE ACCORDING TO THE CUSTOMER AND THE COMPETITION
title_full DEFINING ASPECTS OF SETTING THE PRICE ACCORDING TO THE CUSTOMER AND THE COMPETITION
title_fullStr DEFINING ASPECTS OF SETTING THE PRICE ACCORDING TO THE CUSTOMER AND THE COMPETITION
title_full_unstemmed DEFINING ASPECTS OF SETTING THE PRICE ACCORDING TO THE CUSTOMER AND THE COMPETITION
title_short DEFINING ASPECTS OF SETTING THE PRICE ACCORDING TO THE CUSTOMER AND THE COMPETITION
title_sort defining aspects of setting the price according to the customer and the competition
url http://www.mnmk.ro/documents/2006/2006-16.pdf
work_keys_str_mv AT adrianmicu definingaspectsofsettingthepriceaccordingtothecustomerandthecompetition