pricing strategy
strategies related to price when selling products or services
station group
group of nearby rail stations ticketed as one place
variable pricing
pricing strategy that relies on information exchange between buyers and sellers to set prices
dynamic pricing
pricing strategy in which businesses set flexible prices algorithmically based on current market demands
price skimming
price setting strategy
razor-and-blades model
business model of selling high-profit consumables or subscription services for use with a subsidized durable good
Buy one, get one free
sales technique
price discrimination
pricing strategy of offering similar products at different prices according to buyers' willingness to pay
fixed price
pricing strategy where the seller specifies an item's price up front and does not permit bargaining
cost-plus contract
contract involving additional payment to allow for profit
everyday low price
pricing strategy
loss leader
product sold below cost to stimulate other, more profitable sales
list price
published, generally available price for a product before any negotiated or bulk discounts
fixed-price contract
type of contract where the payment amount does not depend on actual resources used or time expended
discounts and allowances
reductions applied to the basic sale price of goods or services
Exit fare
method of fare payment