Monday, March 14, 2011

What is a price plan? What is pricing?

Pricing is the process of assigning a price to a product, prior to charge it to the customer.
Wikipedia defines it as "the process of determining what a company will receive in exchange for its products"

Are you familiar with pricing concepts?
Services, price points, bundles, subscriptions, revenue sharing are keywords pertaining to product pricing.

This article will take you through them using a basic example

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