CHECK THESE SAMPLES OF Changing environment factor, and Pricing Strategies
These include, 'cost drivers' in terms of increased efficiency, low distribution cost, low communication cost, low labour cost, minimisation of waste factor and facilitator of flexible pricing; 'market drivers' satisfying sophisticated demand, offering flexibility in operation, supporting specialization and differentiation, providing last-minute deals and accurate information, supports relationship marketing strategies for frequent flyers / guests, there is quick reaction to demand fluctuation, multiple/integrated products can be offered and results in better yield management, corporate research and marketing research; 'Government and regulatory drivers' such as support from Government, deregulation and liberalisation and 'competitive drivers' as strategic tool, managing network of enterprises, value-added skill-building, flexibility, knowledge acquisition and a barrier to entry....
4 Pages
(1000 words)
Literature review
This stage entails the review of product strategies, presentation of service offering, pricing scheme, enticing customers and determination of the place where the service would be rendered (Pollack).... Through this process, the firm would be able to gather significant information which would help determine potential clients' wants and needs, and design marketing strategies that would...
4 Pages
(1000 words)
Essay
This essay “The Considerations of pricing strategies in Multiple Industries” describes the many different pricing philosophies of several real-time companies along with an explanation of how this impacts managing a business environment in terms of pricing and profitability.... hellip; The author states that consumer behavior and their willingness to pay for a particular product or brand name at a certain price impacts the pricing activities of a business, as well as the regulatory and legal environment, and can also be influenced by competitor pricing as part of strategic business rivalry in similar product markets....
10 Pages
(2500 words)
Essay
The researcher of this essay will make an earnest attempt to evaluate the pricing strategies FirstGroup PLC employs for its core product/business in order to increase its market share and profitability within its industry (at the national level).... In order to maximize its profits, the company has to adopt a pricing strategy that enables it to make a profit with every transaction.... As such, it adopts a different pricing strategy depending on the type of transport service it provides, such as by bus, train or tram, as well as, the route and distance in which it operates, considering the other factors if transportation such as traffic jams, calibre of passengers, as well as, the frequency of the routes they use....
10 Pages
(2500 words)
Essay
In reality, no business exists in a vacuum of its own; other businesses offering similar or related… These businesses become competitors, in this case; there have to be strategies and approaches set in order to manage the competition and maintain a market position.
The factors that happen beyond the business are referred to as the external factors; For this reason, there is always the need for a business to derive strategies by which it can rely on to adapt to the external environment....
4 Pages
(1000 words)
Coursework
… The environment in which organizations operate has increasingly become dynamic, requiring that such organizations should adopt appropriate strategies that can enhance their competitiveness.... From the essay "Organisation Theories of Change and Change Management", it is clear that successful organizational management is complex because it entails balancing an organization's internal structures and systems with the forces of the external business environment....
12 Pages
(3000 words)
Essay
pricing strategies vary with the different stages in the product lifecycle.... One of the major objectives of pricing is to increase profit.... hellip; It is evidently clear from the discussion that any decision regarding pricing depends on the type of the product, present situation of the market, a present internal situation of the company, competition in the market and the overall objective of the organization.... Hence, it can be said that the main objective of such pricing is to gain as much profit as possible; in other words, this pricing strategy of Ford is profit oriented....
4 Pages
(1000 words)
Research Paper
rice discrimination of services may take place when the service providers are price takers and can set their prices at the going rate, there are strategies applied in price discrimination of services where these strategies involve setting the price for the first time these include: geographical pricing where different prices are charged to services in different locations depending on the distance, shipping costs and the need for countertrade; promotional pricing which involve different pricing on special events, loss leader pricing to increase the sale of service, long term payments, psychological discounting and cash rebates which will increase the sale of services for a certain period (Christopher Lovelock)....
6 Pages
(1500 words)
Essay