市场营销-期末2-pricing-课件1.ppt
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1、LOGO世纪商务英语阅读教程(专业篇)DUTPMarketing PrinciplesBIVES北京国际职业教育学校北京国际职业教育学校LOGO世纪商务英语阅读教程(专业篇)DUTPMarketing PrinciplesBIVES北京国际职业教育学校北京国际职业教育学校vTask three:explain how prices are set to reflect an organizations objectives and market conditions http:/大连理工大学电子音像出版社一.What is pricing二.Procedures for Setting the
2、 Price The main contents of this chapter http:/大连理工大学电子音像出版社What is Price?vNarrowly defined,price is the amount of money charged for a product or service.http:/大连理工大学电子音像出版社What is Price?vPrice is one of the most important elements determining a firms market share and profitability.vIf a price is to
3、o high in the minds of consumers,sales will be lost.If a price is too low,revenues may not meet the companys goals for return on investment.vPrice is also one the most flexible elements of the marketing mix and can be changed quickly.http:/大连理工大学电子音像出版社1.Selecting the pricingobjective2.Determining d
4、emand3.Estimating costs4.Analyzing competitorscosts,prices,and offers5.Selecting a pricingmethod6.Selecting final price二.Procedures for Setting the Pricehttp:/大连理工大学电子音像出版社Setting the PricePricing Procedurev Select pricing objectivev Determine demandv Estimate costsv Analyze competitionv Select pric
5、ing methodv Select final pricev Survivalv Maximize current profits skimming strategyv Maximize market share Penetration strategyv Product quality leadershttp:/大连理工大学电子音像出版社vSurvival -Feature:the profit earned under this price can only make up daily expenditure(pay+raw material),it is a temporary way
6、,because in a long run,the consumption of the fixed cost cant be make up -Situation:consumer dont know your product,or the product is unmarketable.http:/大连理工大学电子音像出版社vMaximize current profits -Feature:set high price and gain profit quickly -Situation:demand is larger than supply,or the product is ma
7、rketablehttp:/大连理工大学电子音像出版社vMaximize market share-Feature:Penetration strategy:set low price -Situation:the company must have the ability of doing mass productionhttp:/大连理工大学电子音像出版社vProduct quality leaders -Feature:set high price,high price can gain high quality and high profit -Situation:the compan
8、y has a high reputation in the heart of consumerhttp:/大连理工大学电子音像出版社Setting the PricePricing Procedurev Select pricing objectivev Determine demandv Estimate costsv Analyze competitionv Select pricing methodv Select final pricev Estimate demand curvesv Understand price elasticity of demand Elasticity
9、Inelasticityhttp:/大连理工大学电子音像出版社vEstimate demand curves -law of demand:when all other conditions are unchanged,P Q and vice verse -the price of the product is determined by the value of this product,and the price will be flunked affected by the supply and demand.-The demand decide the upper level of
10、the pricehttp:/大连理工大学电子音像出版社PQ0http:/大连理工大学电子音像出版社 -Price elasticity of demand 需求价格弹性 formula:E(弹性系数):Percentage change in the quantity demanded/percentage change in pricehttp:/大连理工大学电子音像出版社 E 1 elasticity company cant change price or decrease the price eg:luxury goods E 1 inelasticity company can i
11、ncrease priceEg:necessities:salthttp:/大连理工大学电子音像出版社Setting the PricePricing Procedurev Select pricing objectivev Determine demandv Estimate costsv Analyze competitionv Select pricing methodv Select final pricev Types of costs and levels of production must be consideredhttp:/大连理工大学电子音像出版社Types of Cos
12、tsTotal CostsSum of the Fixed and Variable Costs for a Given Level of ProductionFixed Costs(Overhead)Costs that dontvary with sales or production levels.Executive SalariesRent Variable CostsCosts that do varydirectly with the level of production.Raw materialshttp:/大连理工大学电子音像出版社vTotal cost=fixed cost
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