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Price-Setting Process
The method by which a company determines the selling price of its products or services, often involving cost analysis, market research, and competitive strategy.
Estimating Demand
The process of forecasting the potential market demand for a product or service based on various factors like market trends, consumer behavior, and historical data.
Price-Setting Process
The approach or methods used by businesses to determine the selling price of their products or services, taking into account costs, demand, and competitive prices.
Market Segmentation
The practice of segregating a market into unique segments of consumers with diverse needs, attributes, or actions who may need different products or marketing tactics.
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