Price Planning and Strategies

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Across
  1. 1. Margin: The percentage of revenue that exceeds the cost of goods sold, indicating how efficiently a company is managing its costs.
  2. 5. -oriented Pricing: Setting prices based on the costs of production, ensuring that costs are covered while generating a profit.
  3. 8. Share: The percentage of total sales in a market that is captured by a specific company or product.
  4. 10. A pricing strategy where products are consistently priced low, offering value to customers.
  5. 12. The financial gain obtained when the revenue earned from selling a product or service exceeds the total costs incurred in producing that product or service.
  6. 13. The practice of charging excessive prices for goods, especially during emergencies when there is a high demand.
  7. 14. Products sold at a loss to attract customers who are likely to buy other, more profitable products.
  8. 15. and Expenses: The expenses incurred in producing a product or service, including factors like labor, materials, and overhead costs.
  9. 17. -oriented Pricing: Setting prices based on customer demand, adjusting prices to maximize sales.
  10. 18. Pricing: Setting prices based on competitors' prices to stay competitive in the market.
Down
  1. 2. Pricing: Pricing strategies that end prices in odd or even numbers to influence consumer perception.
  2. 3. Situations where a single company or group owns all or nearly all of the market for a particular type of product or service.
  3. 4. Point: The level of sales at which total revenue equals total costs, resulting in neither profit nor loss for a business.
  4. 6. Pricing: Setting high prices to convey a sense of quality and exclusivity for a product or service.
  5. 7. Reductions in the price of a product to incentivize purchases or adjust base prices.
  6. 9. The rivalry between businesses trying to attract customers with the goal of increasing sales and market share.
  7. 11. Value: The worth or desirability that a product or service has in the eyes of consumers, often impacting the price they are willing to pay.
  8. 16. Offering multiple products or services for a single price, often creating value for customers.