Karen and anika are trying to settle on a final price for their different personal and workplace services. Anika suggests applying an additional 15 percent to the cost of each individual service within each category of service. This pricing tactic is known as.

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04-11-2022
Business

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Karen and anika are trying to settle on a final price for their different personal and workplace services. Anika suggests applying an additional 15 percent to the cost of each individual service within each category of service. This pricing tactic is known as.

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Tundexi Tundexi · Answer 1 · 2022-11-07T11:45:22-05:00

Asboth individuals are trying to settle on a final price for their different personal and workplace services but Anika suggests applying an additional 15% to the cost of each individual service within each category of service, then, the pricing tactic is known as cost-based pricing bunding.

What do we known as cost-based pricing bunding?

Basically, a cost-based pricing means the pricing method that is based on the cost of production, manufacturing and distribution of a product. As such, the price of such product is determined by adding a percentage of the manufacturing costs to the selling price to make a profit.

Under a bundle pricing strategy, this is where companies package separate products together and offer them at a single; typically as a reduced price. It is essentially ubiquitous across several industries, most particularly retail. The two bundle pricing examples include the Microsoft Office Suite and the Subway cookie deal.