Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Pricing paper - Essay Example

Comments (0) Cite this document
Instructor Course Submission date Pricing paper The Chevrolet Malibu is a midsize sedan that is remodeled for 2013/2014 with a novel exterior design and an innovative dual-cockpit internal that offers more space, a quieter journey and more first-class materials and content…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.4% of users find it useful
Pricing paper
Read Text Preview

Extract of sample "Pricing paper"

Download file to see previous pages The pricing for these automobiles are determinant with the comfort and luxury they provide (Genat 12). Determinants of the price The main determinants of pricing and demand are fairly similar between the general market and the hybrid market, but differ significantly between vehicle models or brands. Pricing of luxury and non-luxury automobile differs due to this consideration. In particular, it is revealed that a relatively strong partiality for fuel resourcefulness exists in the markets for hybrids cars, some vehicle brands, and automobiles (Thatchenkery 32). This affinity for fuel resourcefulness, however, is characteristically overshadowed by stronger fondness for horsepower, comfort, safety and weight, characteristics that are pessimistically associated to a vehicle’s fuel market. The 2014 Chevrolet Malibu positioned at fifteen out of twenty two affordable midsize vehicles. This ranking is associated with analysis of available reviews and test drives of the car, as well as dependability and protection data. Automotive experts confirm that the 2014 Chevrolet Malibu has a calm and pleasantly designed interior that is built with typically soft-touch materials. Reviewers confirm that the Malibu has relaxed and spacious front seats. These luxury qualities are pricing determinants for such model or products. Chevy enhanced rear passenger room, but detractors claim that the Malibu’s rear seat requires more legroom. Other reliable influences on demand and pricing comprise brand or model-based status, protection ratings, and brand manufacturers, even though the competitive benefit gained by individual nationality over another differs between models (Malibu 1-2). The external pressures on demand incorporated in the hybrid condition boost the model’s descriptive power but do not overshadow the influence of vehicle conditions. However, issues such as convenience-based incentives, environmentalism, median returns, average travel time, and age all have important effects on hybrid demand and pricing, while tax- and cost- based incentives and other demographic issues do not seem to arouse purchase of hybrids. Gas price only income as important if not scheming for environmentalism, which is probable a result of the cross-sectional environment of the data. Recent changes in the supply and demand 2014 Chevrolet Malibu prices are not affected so much by supply and demand since they are customized to targeted consumers. Rebates and incentives are marketing tactics that are used to introduce new models in the market. Rebates are available on 2014 Chevrolet Malibu as promotional tactics. If one is in the market for a novel vehicle, they compare the latest car discounts or incentives being offered at dealerships rate (Malibu 1-2). This keeps car shoppers knowledgeable with frequently updated information on financing offers, cash rebates, and leasing opportunities that are currently accessible on every model and model. Consumers browse car rebates and incentives from manufacturer, or vehicle. They compare rebates and incentives on different models. This is a trend shoppers use to ensure they purchase the products at best deal. Rebates on products are marketing and promotion tactics that guide pricing of product to meet desired demands. External Influences External influences are pricing considerations that companies must put into consideration to ensure they attain market share. Details concerning federal ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
(“Pricing paper Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Pricing paper Essay Example | Topics and Well Written Essays - 750 words. Retrieved from
(Pricing Paper Essay Example | Topics and Well Written Essays - 750 Words)
Pricing Paper Essay Example | Topics and Well Written Essays - 750 Words.
“Pricing Paper Essay Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document



...?Managerial Economics Introduction Pricing can be referred to the process of setting what an organisation will obtain in exchange for its products orservices. Pricing plays the key role in determining the profitability and sustainability of a business firm. Nowadays organisations specifically focus on their pricing strategies so as to ensure competitive advantages over the rival products/services. Multinational corporations maintain separate departments for pricing purposes, because a range of factors are to be taken into account while setting price for a product in a thick competitive market. This paper will discuss different economic approaches for Aslan communications’ price setting, and identify factors that may limit the firm’s choice...
5 Pages (1250 words) Essay


... Task: Pricing I should adopt skimming strategy so that the price set at last becomes acceptable and beneficial on a two way dimension. The advantages and disadvantages that come along with price setting methods must be put into consideration. The choice of a pricing method to be adopted largely depends on the nature of the product and the targeted market structure and composition. The available methods include the cost based method which involves the price determination based on the cost of production. In this method, the values of all the inputs applied when developing the product are summed. The other method is the value based method. This focuses on the values of the product. In this method, the value of the product is the extent...
4 Pages (1000 words) Essay

Advantages of dynamic pricing over fixed pricing

... Advantages of dynamic pricing over fixed pricing Firms associated with E-commerce firms and their have embraced that dynamic pricing is a favorite internet shopping. This is to some extend ironical because dynamic pricing essentially practiced price discrimination where different prices charged to different customers varied for the same product or service. The advantaged groups are the internet savvy because they can manipulate algorithms that sensitize them to be price sensitive, therefore the dynamic pricing may set lower prices for them. Dynamic pricing is very advantageous as it allows sellers to use large amounts of information that directly assist them to make decision (Hartline 85). The seller therefore makes informed business...
4 Pages (1000 words) Essay


... Pricing When pricing a product, many factors need to be put into consideration. Largely, the entire perception regarding the company’s business mostly revolve around the first price. Value adding techniques are better used while determining the price to charge on a particular product than opting for deep discounts. Pricing is even more important when introducing cutting edge technology or products. This paper discusses the most appropriate pricing option available for Whirlpool. As the product manager for Whirlpool’s line of washing machines, skimming would be the best pricing method to choose when pricing the new washing machine’s price. Ideally, skimming refers to setting high prices based on the value of the product (Holden and Burton...
3 Pages (750 words) Research Paper

Pricing Strategy

...? PRICING STRATEGY Introduction Pricing strategy is a crucial aspect in the general plan of a business becauseaccurate pricing of products and services is the main factor in establishing a successful business. Pricing is a crucial strategic concern as it influences positioning of products. Moreover, it influences other elements of marketing mix like features of products, decisions channels and brand promotion. The discussion will outline how to determine pricing strategy, what drives the strategy and how pricing strategy influence product equity Discussion While there is no chosen criterion of determining pricing strategy, some sequence steps are commonly used in new products pricing strategy. For instance, market strategy development...
5 Pages (1250 words) Research Paper

Road Pricing

...Social programs that we can use for our analysis can be 'Road Pricing' policy used by the government of England to reduce the traffic congestion in London. The plan began in 2003, with a flat-rate charge of 5 on the vechicle travelling on the roads that surround Central London. This charge was implemented to curb the road and traffic congestion by charging the amount of externality directly to vehicle who create these externalities. As a sign of traffic congestion in Central London, recent survey show that average speed of Vehicles on the main road in Central London has dropped from 14 mph to around 9 mph. This cleary indicates that there has been hinderance in traffic flow due to traffic congestion and these cases present externalities...
1 Pages (250 words) Essay


...Pricing Table of Contents Importance of Pricing 3 Factors influencing price 4 Distribution 7 References 8 Bibliography 10 Importance of Pricing According to John Andrew Davis, “price is the monetary value associated with the product and it is the driver of company revenues.” (Davis, 2009). Charles W. Lamb, Joseph F. Hair and Carl McDaniel believe that price is something “which is given up in an exchange to acquire a good or service.” (Lamb, Hair, & McDaniel, 2007). Price of a product or service is very important to both seller and customer. Usually customers see price as the cost of product or service, whereas seller consider as the revenue. The logic is simple for the sellers – revenue increases with the increase in price or volume...
5 Pages (1250 words) Research Paper


...Introduction: Pricing is an important factor in any business and it is this aspect that brings the product and its s together. There are different kinds of pricing for a company and the pricing strategy varies from a start up company and an established company. Pricing strategy is the task of the top management with the help of middle level and low level management. This is done by analyzing the local and the international market, clear method of analyzing the conditions where a successful marketing can be carried out. Pricing is the process of influential decision making on the benefits the company will earn on its business. Pricing features are manufacturing cost, place, current market situation, and value of manufactured goods. Pricing...
6 Pages (1500 words) Research Paper

Pricing strategy

... in using on his or her car Reference Benjamin,R and Rolf,W. (1995). Electronic Markets and Virtual Value Chains on the Information Superhighway. Sloan Management Review. 62-72. Chaloupka FJ. (1999;1). Macro-social influences: the effects of prices and tobacco-control policies on the demand for tobacco products. Nicotine Tob Res. 105-109. Federal Trade Commission (2012) Federal Trade Commission Cigarette Report for 2011, Washington: DC. Jennifer.,Kreslake, J.M., Ganz, O., Pearson, J.L., Vallone, D., Anesetti-Rothermel, A; Haijun, X; Kirchner, T.R. (2013) , American Journal of Public Health, 103(10), pp. 1902-1909. Maxwell JC (2012) The Maxwell Report: Cigar Industry in 2011, Richmond: VA. Maxwell JC (2012) The Maxwell Report: Second Quarter...
1 Pages (250 words) Article

Pricing Analysis Paper

...1. First Question Set a)The approximate profit maximizing price from the spreadsheet is $ 20 for 10,000 units. Fig ;Profit Maximization on Demand Curve a) The profit maximization price is $ 20/unit and output is 10,000 unit Revenue = Price - fixed cost + variable cost Revenue = 2,00,000-90,000+80,000 Revenue = $30,000 So revenue is $ 30,000 , variable cost is $80,000 and total cost s 2,00,000 b) Here the arc elasticity of demand is decided with the help of below formula ; n = (Q1 – Q2) ÷( Q1+Q2) (P1 – P2) ÷( P1+P2) So n = (10,000-5,000)÷(10,000+5,000) (20-30.50)÷(20+30.50) = 5000÷15000 = 0.333 = 1.608 this means the elasticity of demand is at good position -10.50÷50.50 - 0.207 e) Price elasticity...
2 Pages (500 words) Assignment

Observation Paper on Stress at a Local High School Football Game

...Observation Paper on STRESS at a Local High School Football Game Football is a high quality game which necessitates a lot of potentiality and management of various kinds of stress associated with the game. Stress can be defined as the organism’s total response to a particular environmental demand or pressure. Physical, and psychological( emotional and mental) pressures play vital roles in a high school football game as the players, the parents, other spectators, officials, coaches, and referees have to undergo a great amount of stress as the game is in progress. This large amount of stress can affect the normal behavior pattern of all the people involved in the game and people tend to be aggressive and pressure ridden, depending upon...
10 Pages (2500 words) Assignment

James Madison's 51st Federalist Paper

If this theory was seriously followed, it would suggest that the citizens must opt for the president, the legislators, as well as the judges. However, the framers identified certain realistic problems in making all the offices elective. Especially, the judicial branch would face problems because the typical person does not have knowledge about what qualifications judges ought to have. Judges must have great capability, but also not have any political pressures. While federal judges are selected for life, their philosophy will not be inclined via the president who appoints them or the senators whose permission the president will take.

All the arguments were generated due to his past life as he was in an aristocratic fami...
6 Pages (1500 words) Term Paper

The Capital Asset Pricing Model

...The Capital Asset Pricing Model A reaction paper to the ment: The capital asset pricing model (CAPM) is the sterile offspring of advanced mathematics. Introduction Individuals as well as large corporations are prone to suffer the consequences of a poorly studied investment. This compels analysts and theorists to discover workable theories that could be used to forecast future returns of investments and thus minimize the risk. One such theory is the Capital Asset Pricing Model, or CAPM, a widely accepted theory the validity of which noted economists and finance authorities have questioned. Its usefulness as a tool in minimizing risk and maximizing returns has been questioned – or as the statement says, the CAPM is a “sterile offspring...
8 Pages (2000 words) Coursework

Pricing Policy in British Industry

... of Medical Care. Coutts, K, Godley, W & Nordhaus, W 1978, ‘Industrial pricing in the UK’, Cambridge University Press. Culyer, AJ & Cullis, JG 1974, ‘A review of polices and problems in the last year’, Poverty Report 1974. Feldstein, MS 1967, ‘Conomic analysis for health service efficiency’, North-Holland Amersterdam. Hall, RL & Hitch, CJ 1939, ‘Price theory and business behaviour’, Oxford Economic Papers. Johnson, PS 1988, The structure of British industry, Routledge, London. Sawyer, A 1983, ‘The significance of statistical significance tests in marketing research’, Journal of Marketing Research, retrieved on February 15, 2009 from JSTOR database. Sawyer, MC 2005, The economics of industries and firms: theories, evidence and policy...
9 Pages (2250 words) Literature review

Portfolio Theory and the Capital Asset Pricing Model

...Portfolio Theory and the Capital Asset Pricing Model Introduction Humans are economic beings – that is, we all tend to make choices of which among aset of many possible alternatives should we devote a limited amount of resources to. The aim is to get the highest level of benefit, with the lowest possible use of resources, among the various alternative choices. A consumer with a certain amount of income is normally confronted with two types of decisions that are of an economic nature. The first is how to allocate his current consumption among a number of goods and services. A study of how to do this has been the subject of study of many researchers who have developed theories relating costs and utility. The second type of decision...
11 Pages (2750 words) Coursework

The Relevance of Portfolio Theory and the Capital Asset Pricing Model

...1. Introduction One of the most important decisions of economic agents is how to allocate their wealth against competing invesments. The economic agent is concerned with how his/her wealth can be invested among competiting investments. Portfofolio theory helps to determine how best the economic agent can allocate his/her investment. Secondly, the agent is concerned with the required rate of return on his or her investment. This paper provides a discussion of teh relevance of portfolio theory and the Capital Asset Pricing Model (CAPM) to investors. Section 2 looks and portfolio theory and section 3 looks at the CAPM while section 4 provides some conclusions. 2. Portfolio Theory Portfolio selection involves making decisions under uncertainty...
8 Pages (2000 words) Coursework

Capital Asset Pricing Model and Recent Developments

It is the most essential aspect of any venture. The important considerations that finance has within it, is that of profit and loss. The business as a whole or a person as an individual always strives to earn a profit. To earn a profit, one has to undertake uncertainties that are known as risks. Therefore, profit is also known as the reward for incurring risks.
In the present world of today, the capital market has come up as a viable investment opportunity for individuals all across the globe. People invest their hard money only with the expectation to earn profit or return. The stocks of various companies that are traded in the capital market are also known as capital assets. Prior to investing in any of the stock or capital...
7 Pages (1750 words) Assignment

The Relevance of Portfolio Theory and the Capital Asset Pricing Model

... A Dozen Consistent CAPM-Related Valuation Models – So Why Use the Incorrect One? Conference Paper presented at the European Financial Management Association, 2006 Annual Meeting in Madrid (Spain) Ellul, A 2005 Asset Pricing Models: Factor Models. Lecture presentation, Kelley School of Business, Indiana University. Hens, T; Laitenberger, J; & Loffler, A 2002 Two remarks on the uniqueness of equilibria in the CAPM. Journal of Mathematical Economics, vol. 37, pp. 123-132 MacKinlay, A C 1995 Multifactor models do not explain deviations from the CAPM. Journal of Financial Economics, vol. 38, pp. 3-28. Malevergne, Y & Sornette, D 2007 Self-consistent asset pricing models. Physica A, vol. 382, pp. 149-171. Markowitz, H M 1991...
8 Pages (2000 words) Coursework

Body and Conclusion of the Paper about Biodisel

... in air pollution. b. Null Hypothesis In justifying the alternate hypothesis, this research paper contains a contradicting null hypothesis which claims that biodiesel cannot reduce air pollution. Undeniably, biodiesel produces approximately 70% less carbon dioxide compared to conventional fossil fuels. However, biodiesel generates approximately 2% more NO2 compared to fossil fuels (Lewis 89). NO2 is a harmful pollutant which poses serious health impact to humans. Unlike CO2 and its global warming effects which are future oriented, increase in NO2 cause immediate danger to persons in form of respiratory complications. In addition, NO2 is a precursor for depletion of ozone layer; hence responsible for the increase of carcinogenic radiations...
7 Pages (1750 words) Research Paper

Paper Cups versus Foam Cups

The most common name for foam cups is Styrofoam, which is the brand name for foam cups but for this essay, the foam will be used. The path taken by this paper will be to emphasize why foam cups are beneficial to the environment compared to paper cups. The paper will labor to emphasize that the emissions to the environment by foam cups are less compared to those of paper cups. The paper will use the different stages the two types of cups go through in the analysis of the environmental impacts.
To begin with, paper cups results in the degradation of the environment from the trees that are cut down for the manufacture of paper cups from paper, which is not the case in the production of foam cups as trees are not cut down in the...
15 Pages (3750 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Pricing paper for FREE!

Contact Us