Page 11 - PCM - Pricing strategies Revista
P. 11

PRODUCT LINE PRICING

                           STRATEGIES




            PRICE BUNDLING                                                REAL LIFE EXAMPLE

            P                                                   An example of this strategy can be McBox Jantar
                    rice  bundling  is  a  strategy  where  a  firm
                    sells  a  package  with  two  or  more
                                                                by McDonalds.
                    products/services for a lower price than if
                                                                People  buy  2  McMenus  +  1  Happy  Meal  for
            they were sold separately.
                                                                10,75€, when each McMenu costs at least 4,70€
            The products/services need to be complementary      and a Happy Meal costs 3,30€ which corresponds
            or independent for people buy both, perishable in   to a total of at least 12,70€.

            relation of the products themselves or in relation

            to  purchase  occasion  and  have  an  asymmetric
            demand structure.












            PREMIUM PRICING                                               REAL LIFE EXAMPLE

            P                                                   An example of this strategy can be Petrol with and
                    remium pricing is a strategy where a firm
                                                                without additives. The petrol with additives has a
                    sell  two  versions  of  the  same  product,
                                                                higher price than the petrol without them. They
                    one a higher price (average between the
                                                                are  equal  in  terms  of  composition  the  only
            maximum and minimum price) with more features
                                                                differences are the additives.
            and options, a “better” version, and other, a basic
            product,  with  a  price  below  the  manufacturing

            costs.


            For   the   success   of   this   strategy   the
            products/services need to have joint economies of

            scale  and  the  consumers  need  to  be  price
            sensitive, fully informed and can be differentiated

            between levels of quality.

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            PRODUCT AND CLIENTS MANAGEMENT
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