AB 209 STUDY Education Terms/ab209study.com AB 209 STUDY Education Terms/ab209study.com | Page 10
Variable Pricing/Dynamic Pricing Strategy =Lower pricing
for certain customers based on their abilityto pay. (Amazon
uses this type)
Price Lining =Different quality level product of a certain
type are priced by category. Ex:
Women’shandbags?Designer bags $300, name brand $200
and all other $100.
Market Pricing =pricing based on the market- what people
are willing to pay only works if there is verylittle or no
competitors.
Explain whether you will buy on credit and the kind of
credit terms you expect from your suppliers and why.
Then explain your customer credit policy; explain whether
you will extend credit to your customers and why or why
not. If you will extend credit, please describe the terms you
expect to receive and/or extend and why.
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AB 209 Unit 7 Assignment Marketing Plan (Quilts)
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Starting your Marketing Plan