PRICE:
price is the amount of money the consumers have to pay to puschase the product. when setting a price for a product they are things to be considered:
the basic price: the basic prie is the amount receivable by the producer from the purchaser for a unit of a good or service.the basic price should be reasonable so that a customer can afford to pay for the goods or service. first direct expects its customers to Open a 1st Account and transfer their salary/income of at least £1500 each month for at least three months and they will add £100 to their customers account.
discounts: the product or service should give its customers discounts especially when they purchase large amount of the product or service. first directteamed up with boden fashion to offer credit card customers a chance to take advantage of a special 15% off the entire range, plus free delivery and returns. This offer entitles first direct credit card holders to 15% discount off the entire range plus free delivery and returns.
pricing policy: pricing poliy is a standard proedure used by a firm to set whole sale and retail pries for its produt or servies. first direct charges its customers £10 but it's free when you pay in at least £1,500 to your 1st Account each month, or maintain an average monthly 1st Account balance of £1,500, or hold a selected first direct additional product.
price variations: the same goods, made by different producer and sold in different price. they are other banks with different charge rate although it might seem as if first direct rates are higher.
price discrimination: Price discrimination exists when sales of identical goods or services are transacted at different prices from the same provider. first direct dont do that they have a standard charge rate for customers.
payment terms: its the conditions under which a seller will make a sale. the terms specify when the customer has to pay for the goods or service he wants. first direct have a fixed amount in which the customers need to pay to bank with them.
credit terms: its a Standard or negotiated terms (offered by a seller to a buyer (customer) the credit term controls: (1) the monthly and total credit amount, (2) maximum time allowed for repayment, (3) discount for cash or early payment, and (4) the amount or rate of late payment penalty. its helps customer who dont have enough money to purchase the goods they want. for example they offer mortgages, so they keep a certain time when your to pay in the money bit by bit, and even when you take a loan.
price is the amount of money the consumers have to pay to puschase the product. when setting a price for a product they are things to be considered:
the basic price: the basic prie is the amount receivable by the producer from the purchaser for a unit of a good or service.the basic price should be reasonable so that a customer can afford to pay for the goods or service. first direct expects its customers to Open a 1st Account and transfer their salary/income of at least £1500 each month for at least three months and they will add £100 to their customers account.
discounts: the product or service should give its customers discounts especially when they purchase large amount of the product or service. first directteamed up with boden fashion to offer credit card customers a chance to take advantage of a special 15% off the entire range, plus free delivery and returns. This offer entitles first direct credit card holders to 15% discount off the entire range plus free delivery and returns.
pricing policy: pricing poliy is a standard proedure used by a firm to set whole sale and retail pries for its produt or servies. first direct charges its customers £10 but it's free when you pay in at least £1,500 to your 1st Account each month, or maintain an average monthly 1st Account balance of £1,500, or hold a selected first direct additional product.
price variations: the same goods, made by different producer and sold in different price. they are other banks with different charge rate although it might seem as if first direct rates are higher.
price discrimination: Price discrimination exists when sales of identical goods or services are transacted at different prices from the same provider. first direct dont do that they have a standard charge rate for customers.
payment terms: its the conditions under which a seller will make a sale. the terms specify when the customer has to pay for the goods or service he wants. first direct have a fixed amount in which the customers need to pay to bank with them.
credit terms: its a Standard or negotiated terms (offered by a seller to a buyer (customer) the credit term controls: (1) the monthly and total credit amount, (2) maximum time allowed for repayment, (3) discount for cash or early payment, and (4) the amount or rate of late payment penalty. its helps customer who dont have enough money to purchase the goods they want. for example they offer mortgages, so they keep a certain time when your to pay in the money bit by bit, and even when you take a loan.
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Posted by: ebitnow.com | 01/14/2010 at 01:27 PM