What is segmented pricing? Briefly describe the different types of segmented pricing
What will be an ideal response?
In segmented pricing, the company sells a product or service at two or more prices, even though the difference in prices is not based on differences in costs. Segmented pricing takes several forms. Under customer-segment pricing, different customers pay different prices for the same product or service. Under product-form pricing, different versions of the product are priced differently but not according to differences in their costs. Using location-based pricing, a company charges different prices for different locations, even though the cost of offering each location is the same. Finally, using time-based pricing, a firm varies its price by the season, the month, the day, and even the hour.
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Which of the following statements about point-of-service (POS) plans is TRUE?
A) A POS plan does not include the use of a deductible or coinsurance. B) Out-of-network care is billed on a prepaid basis. C) A POS plan does not require a primary care physician to manage in-network care. D) A POS plan allows a subscriber to access care both in-network and out-of-network.
All of the following facts pertain to Brazil except:
A) It is the largest country in Latin America. B) It boasts the richest reserves of natural resources in the hemisphere. C) It's top trading partner is China. D) It's GNI has grown at an average annual rate of 4 percent over the past 8 years. E) It lacks logistics software, horse-drawn carts are still a common sight on many roads.