Target Pricing

Description of Target Pricing. Explanation.

Definition Target Pricing. Description.

Target Pricing is a mechanism wherein prices are set based on market penetration or price points rather than building from standard cost.

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Managerial Economics

"How does target pricing affect a managers' decisions?"

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Compare with: Penetration Pricing  |  Competitive Pricing  |  Cost-plus Pricing  |  Standard Cost Pricing  |  Marginal Cost Pricing  |  Price Skimming  |  Perceived Value Pricing  |  Psychological Pricing  |  Promotional Pricing  |  Discount Pricing

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End of description Target Pricing. An explanation.