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Posts tagged as “Con Student.”

Pricing Tactics

Pricing Tactics Field Study Name Date Pricing Tactics Field Study Prices have a greater impact on the revenues of a company. Undoubtedly, businesses need to formulate good pricing strategies to attract more customers. A good pricing strategy positively impacts the revenue potential of a company. Good pricing strategies enhance the company’s performance despite the level of the company (Schindler, 2011). An effective pricing strategy considers the market conditions, consumer purchasing power, competitors’ actions, variable costs, trade margins among other factors. Despite formulating the pricing strategy companies need to employ various tactics to effectively implement the strategies (Smith, 2017). Some of…