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What is pricing?

帮考网校2020-10-13 18:00:24
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Pricing refers to the process of determining the value or worth of a product or service and setting a price for it. It involves analyzing the costs involved in producing the product or service, considering the market demand and competition, and determining a price that will be profitable for the business while also attractive to customers. Pricing is an important aspect of marketing strategy as it can affect sales, revenue, and profitability.
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