Assignment help for Pricing Strategy
The pricing strategy is one of the important aspects while studying the theory of marketing. Any organization, therefore, needs to consider the concept of different factors that could affect the pricing of that organization. The theory of marketing depicts a detailed concept of 4p’s such as product, price, place and promotion hence the pricing strategy is utmost important factor marketers should consider. Though the term pricing could involve the different number or one could think that it is related to any quantitative approach, in marketing the pricing strategy indicate different concepts and theories of the price. How should a marketer arrange the price system and in which manner this strategy will help them to determine it? The area of pricing strategy is a little bit less complicated than any other area, still, students find this area confusing and boring while preparing their assignment. DMG Solution provides the best solution in this matter and covers all the necessary details possible. An error-free assignment report has been done by DMG Solution within the given period of time. The determinant factor of pricing strategy depends on different criteria other than the income of the consumers. Those factors include the demand for a particular product and supply of that product, the theory of BOP and the economic scale.
This is very general that if a company fixed its price at a low range it would be difficult to earn a profit for that company. On the other side if the company demand very high prices for their products it could affect the customers as they will become less attracted to that product. But not every time this theory is followed. People sometimes buy a product through the price is very high as they think that the product of high priced will be available in the best quality. This becomes an exception of demand theory. However, this whole concept indicates the concept of pricing strategy. As the students find the whole pricing concept is less interested they always try to seek out for some help from any professional service providers. DMG Solution provides this online help on preparing the assignment on pricing concept which is very effective. All the three aspects of the strategy of price are covered by DMG Solution. They are-
Pricing based on cost- it involves fixed cost on investment, Breaks Even number, and market share as well as time period. It also determines the variable cost and the profit margin of similar products.
Competitive Analysis- it indicates the different prices of direct market segments and the prices of their substitute markets.
Pricing based on value- this indicates the increase in revenue of any product and the possibility of payments made by stakeholders.
There is a different type of pricing also such as price penetration, pricing on market skimming and economy pricing.
DMG Solution, therefore, has more than 400 experts who are available to give their exclusive solution to the students within the given time. The error-free and non-plagiarized writing is provided by DMG Solution which is very low at the cost yet valuable for the students.