Matching Pairs Purchasing StrategiesOnline version Matching purchasing strategies 3-2 by Jennifer Vance 1 Getting the highest value for the money spent 2 Setting a price to be competitive with prices of similar products. 3 The process of purchasing products based on desire rather than logic 4 The percentage amount added to production cost to obtain the price of an item 5 Saving as much as possible and spending money only when necessary 6 A profit that allows a business to survive and grow 7 The process of selecting goods and services based on need, want and logical choices. 8 Setting an introduction price high to recover the research and development costs. 9 Setting a price based on production cost plus a markup 10 Purchasing something on the spur of the moment without any planning cost-recovery pricing impulse buying economizing optimizing market based pricing cost-plus pricing emotional buying normal profit markup rational buying
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