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price |
Also found in: Legal, Financial, Encyclopedia, Wikipedia | 0.06 sec. |
priceValue put on a commodity at the point of exchange. In a free market it is determined by the market forces of demand and supply. In an imperfect market, firms face a trade-off between charging a higher price and losing sales, or charging a lower price and gaining sales. Price
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COM is one of the few primers to focus on this area, going beyond 'how to list' and 'how to price' to address such issues as how to provide superior customer service, set higher prices and offer better books, mail cheaply yet quick, and understand the discounts and sales statistisc. Specific features of the program include a new three-tier structure with corresponding discounts and sales volume requirements to reward partner performance. Although shoppers are driven to stores by discounts and sales, they often don't take advantage of other "money back" offers which could put significant dollars in their pockets. |
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