Question

What are the problems with traditional pricing method in marketing?

Answer 1

Price is the value that is put to a product or service and is the result of a complex set of calculations, research and understanding and risk taking ability. A pricing strategy takes into account segments, ability to pay, market conditions, competitor actions, trade margins and input costs, amongst others.

if you are satisfy with my ans then mark me as a brainlist

if there is something wrong then kindly rectify it