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3 rd  Session
Importance of pricing ,[object Object],[object Object],[object Object]
Steps of pricing
1. Identify pricing constraints and objectives
Pricing objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
2. Estimate demand and Revenue ,[object Object],[object Object],[object Object]
3. Determine cost, volume and profit relationships ,[object Object],[object Object],[object Object]
4. Select approximate price level ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Competition oriented Profit oriented Cost oriented Demand oriented
5. Set list of quoted price ,[object Object],[object Object],[object Object],[object Object]
6. Make final adjustments ,[object Object],[object Object],[object Object]

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Sales & Marketing introduction - Session 3