list five other words that means the same thing as price discuss the importance of understanding customer value?
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Consider these five common strategies that many new businesses use to attract customers.
Price skimming. Skimming involves setting high prices when a product is introduced and then gradually lowering the price as more competitors enter the market. ...
Market penetration pricing. ...
Premium pricing. ...
Economy pricing. ...
Bundle pricing.
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Other words as PRICE are :-
- cost
- charge
- payment
- worth
- bill
- expenditure
- expense
- estimate
- fare
- outlay
Customer value is the result of a conversation between a sales person and a customer, wherein the sales person is able to determine the customer's needs and goals and explain how a given product will create value by satisfying those requirements while generating benefits for the customer.
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