Question: Value based pricing starts with assessing customer needs and value perceptions. Which of the following is not part of the process? ( 2 pts )

Value based pricing starts with assessing customer needs and value perceptions. Which of the following is not part of the process? (2 pts)
a. Assessing customer needs and value perceptions.
b. Adjust pricing to match what competitors are doing.
c. Set target price to match consumer perceived value.
d. Determine the costs that can be incurred.
e. Design product to deliver desired value at target price.
 Value based pricing starts with assessing customer needs and value perceptions.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!