Republic of uzbekistan andijan machine-building institute fundamentals of business management

Supply and demand. The price of ready-to-use products is much lower than the price of 
limited products. 
If the demand for the product is high, the price will rise. 
Products with low demand will have relatively low prices. 
Scarcity.If there are few similar competing products close to the product, its price will be 
higher than the product with many similar ones. 

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periodWhen the product is first introduced to the market, its price is slightly higher. 
Over time, its price will slowly decrease. 
A season is a season. Many products are used at exactly the same time of the year. In the 
winter, clothing, air conditioners, and holiday decorations are on sale for a short period of time, 
but during the rest of the year they are not. . 
Prices go up just before the sales season and at the beginning of the season. The rest of the time 
it decreases. Complexity - very complex technical products are necessarily more expensive than 
simple products. A product with more features and options will be more expensive. Convenience 
– Customers usually pay for convenience. If the product is easy to find and the selling customer 
provides high quality service, the price will go up. If customers are inconveniently located, 
wholesale places 
and in places where the level of service is very low 
purchase kilsa 
aims to pay less money. 
Product pricing 
Priceit is the money given by the buyer for a product or service to the seller in exchange for the 
product. Product price may vary from seller to buyer. The manufacturer usually assigns a price to 
other businesses that supply the product to the end customer. The price is the sum of the cost of 
producing the product, operating costs and profit. Figure 10-4 shows the formula for calculating 
the selling price. The selling price is the amount paid by the buyer.