What are the main factors for arriving at the costing and pricing of a new prod

What are the main factors for arriving at the costing and
pricing of a new product?

Question Posted / amit

2 Answers
8195 Views
Parle, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

What are the main factors for arriving at the costing and pricing of a new product?..

Answer / ritesh r wakode

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 ?

22 Yes

2 No

What are the main factors for arriving at the costing and pricing of a new product?..

Answer / riyaz khan

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 ?

1 Yes

5 No

Post New Answer

More Marketing Sales Interview Questions

Tell me about Your Past Live experience / Project

0 Answers Cisco,

What would you do if a customer refuses to fix a meeting with you?

0 Answers

What do you think are the most important skills in succeeding in sales?

17 Answers Abul Khair Group, Alto, Cushman Wakefield, Mankind,

what is the difference between sales and marketing??

9 Answers TATA,

WHAT IS DOMESTIC SALES ? WHAT IS INTERNATIONAL SALES ? WHAT IS THE DIFFERENCE BETWEEN DOMESTIC SALES & INTERNATIONAL SALES ?

0 Answers SKF,

Tell me about a situation, which you tried to solve a problem with ideas and methods that had not been tried before?

0 Answers

What are the most important skills in negotiating and succeeding in sales?

0 Answers Leeford, Nerolac,

why you join pgdm...

1 Answers LIC,

10. What do you hope to achieve if you are employed to work with Eastern Oil Company, in the position you are seeking for?

0 Answers

You are out to sell, what is your objective?

0 Answers

Why Are You the Best Candidate for this Position?

3 Answers

Dear Sir, Please advice to us; the description / specification data of Alstom Motor AC part number P/n.91420579P021, the specification: 3 Phase, Power rating: 11.5Hp, Revolutions: 860Rpm, Voltage rating: 460VAC, Frequency: 60Hz, Current Rating: 17A, Service factor: 0.82SF, class: F. (2 shaft MOTOR AC-Left and right). Regards Haryanto

0 Answers

For more Marketing Sales Interview Questions Click Here