What are the different factors that influencing pricing decision?
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Price-quality relationship
Product line pricing
Competition
Negotiating margins
Political factors
Charging very low prices
Product line pricing
Competition
Negotiating margins
Political factors
Charging very low prices
Answered by
1
Answer:
The personal factors include age, occupation, lifestyle, social and economic status and the gender of the consumer. These factors can not individually or collectvity effect the buying decision of the consumer.
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