VB Pricing Vocab
Help!
|
|
||||
|---|---|---|---|---|---|
| Cost | What it costs your store to purchase a product form a supplier.
🗑
|
||||
| Margin | The difference between your price and the cost for a particular product.
🗑
|
||||
| Revenue | The total sales (in dollars) of your store over a period of time.
🗑
|
||||
| Profit | The revenue of your store mubys all expenses over some period of time.
🗑
|
||||
| Cost-Oriented Pricing | Setting prices based on cost. Usually price are set as a multiple of cost, such as 1.2 times the cost.
🗑
|
||||
| Demand-Oriented Pricing | Setting prices based on what the customer is willing to pay.
🗑
|
||||
| Competition-Oriented Pricing | Setting prices based om competitor's prices. Setting Prices lower than a competitor will generally draw more customers to your store.
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
FredYugi
Popular Marketing sets