In this Part 5, we look at two other pricing methodologies which are as follows:

Break-Even Pricing:

For this type of pricing, the price at which the products will break-even is used. This break-even price will then be added a profit mark up.

Simple […]

In earlier Part 2& Part 3 we have covered cost plus pricing & Variable/Marginal Cost Plus Pricing respectively, in this article we look at the Rate Of Return Pricing Metholodgy:

Rate Of Return Pricing:

For this type of pricing, the company needs to specify the rate of return on […]

In earlier Part 2, we discussed the Cost Plus Pricing Methodology, here in this article, we look at the variable or marginal cost plus pricing.

Using the variable or marginal cost plus pricing methodology:-

The selling price is determined by adding a mark up or margin on the total variable […]

In the earlier article, we discussed pertaining to the factors which affect pricing and the pricing objectives in relation to the business objective.

This article deals with the various pricing methodology, a businessman/entrepreneur can refer to when pricing a product:

FULL COST PLUS PRICING METHODOLOGY:

Full Cost Plus Pricing:

Traditional method […]

Without proper pricing of a product, there will never be a sale and hence no revenue.
 
This article discussed the factors which affect pricing and pricing objectives in relation to meeting the overall business strategy.
 
It is important to understand the factors that can affect pricing. Some of the common factors that affect/determine a firm’s pricing policy […]