Professional Documents
Culture Documents
Pricing Strategy
Pricing Strategy
Pricing Strategy
No matter
what type of product you sell the price you charge to your customers or clients will have a direct
effect on the success of your business. This is where we will gain monetary from a product in
order to make our business grow and gain profit. Pricing is the act of setting a value on a product
and it is also the level at which prices are set by a certain business. It helps customers to select
and decide whether this certain product and goods are worth it to purchase due to the fact that
some consumers want a cheaper market value so that they could save.
Coolzone Fast Food’s beverages and meals is priced from 7 pesos to 55 pesos,
Wherein Siomai = P 7/each or 3 for 20, Milo/ Nescafe = P 20-25, Steamed Rice= P 35,
Burgers = P 30, Pancit Canto= P 18, Value Meal = P 45, Iced Tea= P 15-20, and Silog Meals= P
55 is being record as its given price. But there are still some consumers who think it’s a bit
we have decided to use psychological pricing strategy in which we will play with people’s minds