click below
click below
Normal Size Small Size show me how
Marketing Notes
Chapter 3.1 or on Pricing
| Word | Definition |
|---|---|
| Before you set a pricing, there are five steps what are they? | 1. Cost2.Goal-Objectives3.Demand4.Competion5.Chosse Strategy |
| There a three stargys, what are they? | Sales OrientedDemend OrientedCompetttion Oriented |
| Sales O. (O.-Orieted) | Price base on sales price low. You find that in discount stores like Tarket. |
| Demend O. | Low Demend-low stock-High price. Low Demend-High stock-Low Price. High Demend-Low Stock-High Price. High Demend-High Stock-Low PriceOIL AND GAS BEST EXAMPLE! |
| Competion O. | Price base on competion, outsale-the other. Like Best Buy. |
| Odd Pricing | Product not price even, shave a pennie or a nicle off. For example $5.00-$4.99. |
| Promotional Pricing | Putting things on sales. |
| 12/10/N30 | 12-%Discont/10-within 10 days/N30-Net Due in 30 days. |
| Blind Check | No Doumention-employee counts the Iventory. |
| Direct Check | Invice Documation to check. |
| Dummy Invouce Check | Have document but qty-Qualtiy is blank. Compaire to regaler doc. |
| Spot Check | Check evething but on radom occastions. |
| Guardine Sale | Only pay fo the items you sale. |
| When you get the boxes from shippment what you should check for before checking the shipment? | Visally check for damage, shake for hear for damage. And check for a signs of pest and fesus. |