1.

Record Nr.

UNINA9910785800503321

Autore

Marburger Daniel

Titolo

Innovative pricing strategies to increase profits [[electronic resource] /] / Daniel Marburger

Pubbl/distr/stampa

[New York, N.Y.] (222 East 46th Street, New York, NY 10017), : Business Expert Press, 2012

ISBN

1-283-89320-7

1-60649-382-5

Edizione

[1st ed.]

Descrizione fisica

1 online resource (154 p.)

Collana

Economics and finance collection, , 2163-7628

Disciplina

658.816

Soggetti

Pricing

Open price system

Internet auctions

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Part of: 2012 digital library.

Nota di bibliografia

Includes bibliographical references (p. 133-136) and index.

Nota di contenuto

List of cases/firms/products -- Part I. If you could choose any price, what would it be? Fundamentals for the single price firm -- 1. Economics and the business manager -- 2. Consumer behavior: the law of demand and its effect on pricing -- 3. Understanding the price sensitivity of buyers -- 4. One perfect price: profit maximization for the single price firm -- Part II. Different strokes for different folks: charging more than one price for the same good -- 5. If you could read my mind: first-degree price discrimination strategies -- 6. Allowing buyers to self-select by willingness to pay: second-degree price discrimination strategies -- 7. Segmenting your market based on willingness to pay: third-degree price discrimination strategies -- Part III. How does my e-tailer know that I read comic books and cook with a wok? Pricing in the digital age -- 8. Dynamic pricing and e-commerce -- 9. Legal and ethical issues -- Table of strategies -- Notes -- References -- Index.

Sommario/riassunto

The practice of setting a single price that all buyers pay is slowly becoming a thing of the past. Today's marketplace requires firms to develop innovative pricing strategies to remain competitive. Is it better to bundle goods or price them separately? What type of online auction will generate the most revenue? The purpose of this book is to use



microeconomic theory to determine which pricing strategies will succeed, and under what conditions.