The 3 Objectives of Pricing in Marketing

Objectives of Pricing

Objectives of Pricing In marketing, the objectives of pricing include three – profit-oriented objective, sales-oriented objective, and status-quo objective. Let’s define and understand each of them: Profit Oriented Objectives Profit-oriented objectives of pricing, as its name suggests, are set to increase the profit of the business firm. The following are the two objectives that come … Read more