Pricing refers to the process of determining the value of a product or service and setting a monetary amount for it. Pricing involves analyzing market trends, competition, and production costs. It is important to consider the perceived value of the product or service to the customer. Pricing strategies include cost-plus pricing, value-based pricing, and dynamic pricing. Pricing can be adjusted based on factors such as seasonality, demand, and promotions. Effective pricing can lead to increased revenue and market share.

HDFC Sales Interview Questions: What is pricing ?

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What is pricing ?

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Pricing refers to the process of determining the value of a product or service and setting a monetary amount for it.

Pricing involves analyzing market trends, competition, and production costs.
It is im...read more

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