Price Adjustment Strategies: Segmented | Psychological | Promotional and Geographical Pricing

Video Title: Price Adjustment Strategies
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Video Link: • Price Adjustment Strat...
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#Price #Adjustment #Strategies #PsychologicalPricing
#PromotionalPricing #SegmentedPricing #Geographical Pricing
#Priceadjustmentstrategies #Pricing #Marketing #PhilipKotler
#Psychological #Segmented #Promotional #Geographical
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[@KeepUpEducational]

Great Informative video! Congrats for your educational initiative

[@maliksharjeel3862]

thank you

[@edrea5116]

Very Informative

[@asifulhaque6624]

what is the difference between under product form pricing and product line pricing?

[@SalehRehman]

Product line pricing involves the separation of goods and services into cost categories in order to create various perceived quality levels in the minds of consumers. Means k different goods or services hain product lines ki. Cost ki bhi involvement hai or Quality ki bhi. or aus base per products k price decide kiye gai hain. On the other hand. Product-form Pricing: Different prices charged for different variants of the same product. E.g., The price of the same type of a car may vary because of different color and add-on features. Ap keh saktay ho Product same hai bas eik ad feature barha dia hai, like I phone silver ya Gold, ais base per price barha diye. Eik Example mentione kar raha ho easy samnnay k liye. Supposing that company X launches a product - which is product A. This product was moderately well accepted in the market. Now company X launches product B which is very very well accepted in the market. The product has already used skimming price and has an average price in the market. The company X decides, that it will try to take advantage of the hype and the loyalty which the users are showing. So it launches a variant which has a bit more features, and it increases the costing by 10%. But looking at the popularity of the brand, the company X keeps the price of product C to 40% higher than product B. So, at minimal increase in cost, the price of the product is quite higher. This is product form pricing. Due to this pricing, even though the cost is less, the margins earned by the company are comparatively higher.

[@asifulhaque6624]

@@SalehRehman can we say that product form pricing refers to the products of the product mix depth?

[@SalehRehman]

somehow yes, but product mix is vast terminology.

[@iffatfarin8846]

Sir, Thank you so much!

[@SalehRehman]

your welcome

[@ishtiaqmitruwala]

Great teacher 😍♥

[@touseefshah642]

Amazing

[@Nurseryrh]

Amazing 👏

[@sakshisaxena5419]

Incomplete not all price adjustment strategies are explained

[@SalehRehman]

there are some other videos related to price strategies are available in playlist.

[@azkatareej6297]

👌👌👌👌