customer value based pricing

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First step of cost based pricing strategy is to

First step of cost based pricing strategy is to
  • A. design a product
  • B. determine cost of product
  • C. set price based on cost
  • D. convince buyer about products value
  • Correct Answer: Option A

First step of value based pricing is to

First step of value based pricing is to
  • A. assess needs of customer
  • B. set target price
  • C. determine incurred costs
  • D. design product
  • Correct Answer: Option A