Leader Pricing Strategy of Consultancy services


0

Leader Pricing Strategy: This pricing strategy helps in building volume and introducing as many clients as possible. It involves substantial reduction in price charged for goods or services having frequent demand. Here the objective is to market additional services as full price, especially to the clients responding favourably to the leader priced services. In this strategy the clients

prefer to purchase exclusively the leader service. A number of clients like to negotiate which raises the possibility of shifting to other competitors. A dangerous stage like price war is expected which is not suitable to the development of an organization. A stage like price war is to jeopardize everything.


Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

11 Comments

Facebook comments: