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