Monday, June 10, 2013

Implementation Evaluation Control

" If customers perceive that the price is greater than the product’s value, they will not buy the product.  If the company prices the product below its costs, company profits will suffer." Chapter 9 Pg. 275
"Effective, customer-oriented pricing involves understanding how much value consumers place on the benefits they receive from the product and setting a price that captures this value." Chapter 9 Pg. 276

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