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Pricing of products & services, Mazumbar, Tridib (syracuse Univ, Usa)


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Цена: 14256.00р.
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При оформлении заказа до: 2025-08-04
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Автор: Mazumbar, Tridib (syracuse Univ, Usa)
Название:  Pricing of products & services
ISBN: 9789811204173
Издательство: World Scientific Publishing
Классификация:
ISBN-10: 9811204179
Обложка/Формат: Hardback
Страницы: 376
Вес: 0.69 кг.
Дата издания: 04.01.2021
Серия: Economics/Business/Finance
Язык: English
Размер: 22.86 x 15.24 x 3.18 cm
Читательская аудитория: Tertiary education (us: college)
Ключевые слова: Sales & marketing, BUSINESS & ECONOMICS / Management,BUSINESS & ECONOMICS / Marketing / General
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Поставляется из: Англии
Описание:

The price of a product or a service is a critical element of the marketing mix. Price influences product demand, and the firms revenue and profits. Prices also signal product quality and value, customer self-image, and the sellers pricing practices. With appropriate balance of theory, applications, and analytics, this book provides business students and practitioners the tools to make profitable pricing decisions under a variety of real-life contexts - current and emerging.


Theoretical foundations for pricing decisions come from microeconomics, psychology, and behavioral decision theories. Well-established economic principles, with available data and analytics, help firms customize prices based on customers willingness to pay, quantity purchased, timing and urgency of purchase, and by bundling their products and services. Pricing and promotional strategies of firms are further informed by the consideration of consumer psychology as well as the decision rules that consumers employ in framing of and responding to prices.


As a practical step-by-step guide for firms, the book presents a comprehensive framework for pricing decisions. The framework illustrates how firms pricing decisions are shaped by customer valuation of the product or service, firm cost, and competition within the category. Additional considerations include: channel arrangements, legal and regulatory limits, public sentiments, and the overriding strategy for the firm. Short cases and numerical examples help illustrate how these factors can be incorporated in firm making decisions.

In addition to offering the theoretical foundation and practical guidelines for pricing, there are several distinctive features of the book.

  • Although customer valuation is central to pricing decisions, firms often struggle to reliably estimate value. The book offers a number of analytical approaches for estimating customer valuations of product and service attributes.
  • In addition to the usual cost-based price determination, the book provides guidance for firms in developing pricing policies when costs to serve vary from customer to customer - a feature frequently seen in many services. Additionally, it provides an overview of commercial and government procurement contracts to demonstrate how the client and the vendor use contracts to manage cost-related risks.
  • When firms with fixed capacity face fluctuating demand, firms set prices to balance the demand and capacity to serve. The book presents an overview of dynamic pricing strategies for perishable services, with particular focus on hospitality, airline, and rideshare industries.
  • In keeping with current trends of online shopping, the text highlights the pricing issues related to electronic retailing, including online experiments to estimate price effects, identifying demand dependencies through collaborative filtering, and managing prices under omnichannel shopping by customers.
  • The book concludes with some guidance for firms on how to create a pricing organization within a firm for implementing and monitoring pricing strategies.


Pedagogically, the book takes a quantitative approach to pricing decisions and places a special emphasis on the utilization of data and analytics. Nevertheless, sound intuition and judgments remain a prerequisite.




Online Marketing for Your Craft Business: How to Get Your Handmade Products Delivered, Shared and Sold on the Internet

Автор: Pullen Hilary
Название: Online Marketing for Your Craft Business: How to Get Your Handmade Products Delivered, Shared and Sold on the Internet
ISBN: 1446304892 ISBN-13(EAN): 9781446304891
Издательство: David & Charles
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Цена: 2375.00 р.
Наличие на складе: Есть (1 шт.)
Описание: Witten by an experienced marketing professional working in the crafts market, this book is full of practical tips to improve your online networking skills and save you precious time. It will teach you everything you need to know about online marketing, and how to set measurable goals which will have a positive impact on sales and brand awareness.

Marketing 4.0: From Products to Customers to the Human Spirit

Автор: Kotler Philip
Название: Marketing 4.0: From Products to Customers to the Human Spirit
ISBN: 1119341205 ISBN-13(EAN): 9781119341208
Издательство: Wiley
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Цена: 3326.00 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: Marketing has changed forever this is what comes next Marketing 4. 0: Moving from Traditional to Digital is the much-needed handbook for next-generation marketing.

Marketing 3.0: From Products to Customers to the Human Spirit

Автор: Kotler Philip
Название: Marketing 3.0: From Products to Customers to the Human Spirit
ISBN: 0470598824 ISBN-13(EAN): 9780470598825
Издательство: Wiley
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Цена: 3326.00 р.
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Описание: Understand the next level of marketing The new model for marketing-Marketing 3. 0-treats customers not as mere consumers but as the complex, multi-dimensional human beings that they are. Customers, in turn, are choosing companies and products that satisfy deeper needs for participation, creativity, community, and idealism.

Smart Products, Smarter Services

Автор: Cronin
Название: Smart Products, Smarter Services
ISBN: 0521147506 ISBN-13(EAN): 9780521147507
Издательство: Cambridge Academ
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Цена: 6494.00 р.
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Описание: We are surrounded by products that have minds of their own. These `smart products` are fundamentally changing both the competitive landscape for business and the daily lives of consumers. This book helps managers to understand the importance of creating a scalable product platform and an ecosystem strategy for smart products.

People and Products

Автор: Kimmel Allan J
Название: People and Products
ISBN: 1138812250 ISBN-13(EAN): 9781138812253
Издательство: Taylor&Francis
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Цена: 7961.00 р.
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Описание:

By examining the interface between consumer behavior and new product development, People and Products: Consumer Behavior and Product Design demonstrates the ways in which consumers contribute to product design, enhance product utility, and determine brand identity.

With increased connectedness and advances in technology, consumers and marketers are more closely connected than ever before. Yet consumer behavior texts often overlook the application of the subject to product design, testing, and success. This is the first book to explore this interface in detail, exploring such issues as:

  • the attributes and qualities that consumers demand from products and services, and social and cultural forces to be aware of;
  • design and form and how they facilitate product usage;
  • technological developments and the ways they have changed how consumers interact with products;
  • product disposal and sustainability;
  • emerging and future trends in consumer behavior and product development and design.

This exciting volume is relevant to anyone interested in marketing, consumer behavior, product development, technology, engineering, design, and brand management.

Pricing for Profit: How to Command Higher Prices for Your Products and Services

Автор: Furtwengler Dale
Название: Pricing for Profit: How to Command Higher Prices for Your Products and Services
ISBN: 0814433006 ISBN-13(EAN): 9780814433003
Издательство: McGraw-Hill
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Цена: 2935.00 р.
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Описание: Author Dale Furtwengler teaches businesses that they can command almost any price they choose by focusing on the value--not the cost--to the customer. Pricing for Profit shows businesspeople how to break out of the stranglehold of industry pricing and earn compensation that matches the true value of the product or service being offered. Readers will learn how to: quantify the value of their products or services; distinguish between price buyers and value buyers; bundle their offerings for competitive advantage and increased customer value; and craft a powerful marketing message that communicates value. The low price that small businesses feel compelled to offer limits their ability to generate profits which, in turn, slows their response to changing customer needs. Filled with easy-to-use formulas, sample scripts, clear examples, instructive exercises, and more, this accessible and practical guide is a must-read for businesspeople who want to generate more unit sales, close more sales overall at higher prices--and make more of the money they deserve with less unnecessary effort.


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