M2_P3_EN M2_P3_EN | Page 7

Part 3: Marketing Plan Mezcla de mercadeo - PRECIO  Approaches for setting prices (II) Cost-based strategies:  Total cost + markup, including fixed and variable costs related to exporting  Variable cost + markup, companies with well established domestic market positions which generate revenues that cover their fixed costs Status Quo strategy: Export Platforms | Module 3: Assessing Export Opportunities  This is the most common strategy used by export businesses.  Prices are defined based on the competition and the positioning that the company wants in the target market. | 7