What pricing methods and strategies will you employ to price your product in the international arena? How will you determine what the market is willing to pay? Cost considerations? Can the target market afford the product at a price that is profitable for you to produce and market that product?

Answer rating: 100% (QA)

When pricing a product in the international arena several pricing methods and strategies can be employed to ensure competitiveness profitability and consideration of market dynamics Here are some appr... View the full answer