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Question
What are the main factors for arriving at the costing and
pricing of a new product?
 Question Submitted By :: Amit
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What are the main factors for arriving at the costing and pricing of a new product?
Answer
# 1
costing includes all factors of production and ur profit.
pricing is relative term. that depends on the nature of ur
products or services. If are new entrant to the competitin
then u must price as same as the competitors. if u want to
capture the mass market u should charge price less than the
competitors. If ur product is premium then the pricing would
depends on how many consumers u want to serve and how much
profit contribution u want from those consumers.
 
Is This Answer Correct ?    14 Yes 1 No
Ritesh R Wakode
 
  Re: What are the main factors for arriving at the costing and pricing of a new product?
Answer
# 2
New product always introduce by market need and demand, if 
market demand has high then ur get good profit, second if 
any compitater in market than we must check what is his 
pricessing in market and what is his product quality, if 
our product quality is better then our competater then we 
can take high price
 
Is This Answer Correct ?    0 Yes 1 No
Riyaz Khan
 
 
 

 
 
 
Other Marketing Sales Interview Questions
 
  Question Asked @ Answers
 
I m Anil Kumar Pradhan, I have completed P.G in Mathematics, PGDCA and PGDM and also I have 1year and 6month of experience in sales. If the interviewer will ask me tell something about your self what should be my answer?  5
Hw can i sale if same product given from other distributor in low price?  3
What do you like and dislike about the sales process and why?  1
what is the difference between formacitical and insurance Cipla5
HOW WILL I CONVINCE A INTERVIEWER TO SWITCH OVER FROM A COMPANY TO HIS COMPANY HAVING SAME REPUTATION OF COMPANY,SAME DESIGINATION IN PHARMACEUTICALS OR SALES. Nicholas-Piramal2
Describe the compensation plans you would suggest to increase sale revenue from existing customers?  1
what is cold calling?  6
What is the difference between invoice and billing  1
What is a market niche?  4
what is sales.  7
Explain your closing technique.  2
how u increase sales in fmcg,or manager is ask u to increase sales in fmcg, how u can? FMCG2
Describe a time your company did not deliver on its product or service and how you responded? Reliance1
what is the difference between the guarantee and warantee period? Wipro2
what is marketsegment ?  5
WHAT IS NICHE MARKETING P&G-Procter-Gamble11
How to sell a pen to illiterate ? Tell me about yourself in single word (not regular words like Hardworking, Smart working etc..) GM-General-Motors3
if company is not giving the proper service to dealers then how you solve the problem FMCG2
Describe the potential marketing plans you would have to obtain new customers?  3
what you have learn from your MBA? FMCG4
 
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