Difference between revisions of "Price Setting"

From Pricing Wiki
Jump to navigation Jump to search
(Created page with "'''Price Setting''' is one of the five pricing processes. It consists in the definition of reference tariffs and discounting rules for products, supplement...")
 
Line 1: Line 1:
'''Price Setting''' is one of the five [[Pricing Processes|pricing processes]].
+
'''Price Setting''' is the first of the five [[Pricing Processes|pricing processes]]. Its objective is to define the reference tariffs and the framework of rules that should be applied at transaction level. It can then be considered part of the pricing strategy.
  
It consists in the definition of reference tariffs and discounting rules for products, supplements and surcharges.
+
== Input ==
 +
Price setting process typically takes in input:
 +
 
 +
*A product catalog, that provides the list of products and value added services
 +
*Costing data
 +
*Price sensitivity analysis
 +
*Market and competition analysis
 +
*Performance analysis of previous price policy
 +
 
 +
 
 +
== Output ==
 +
This process provides the list of reference tariffs and discounting rules for products and value added services.
  
 
[[Category:Process]]
 
[[Category:Process]]

Revision as of 10:56, 11 October 2012

Price Setting is the first of the five pricing processes. Its objective is to define the reference tariffs and the framework of rules that should be applied at transaction level. It can then be considered part of the pricing strategy.

Input

Price setting process typically takes in input:

  • A product catalog, that provides the list of products and value added services
  • Costing data
  • Price sensitivity analysis
  • Market and competition analysis
  • Performance analysis of previous price policy


Output

This process provides the list of reference tariffs and discounting rules for products and value added services.