Competition-Oriented Pricing
Competition-Oriented Pricing is a pricing method whereby a firm sets prices on the basis of its competitor’s prices rather than its own costs and revenues.
Category: Marketing & Public Relations
Previous: ← Breakeven quantity
More from this Section
- Life stage
Life stage means a person’s major concern, such as going through a divorce, going into ... - Inventory turnover rate
Inventory turnover rate (also called stock turn rate for resellers) is the number of times ... - Partner relationship management (PRM)
Partner relationship management (PRM) refers to those activities that the firm undertakes ... - Individual marketing
Individual marketing refers to tailoring products and marketing programs to the needs ... - Percentage-of-sales method
Percentage-of-sales method is a method that refers to set the promotion budget at a certain ...