# data[].attributes.body
How do all of these terms and concepts connect in creating a successful product/business?

# data[].attributes.body
How much should the margin of a product be?

# data[].attributes.body
Deduction that a company may receive if the supplier offers it and the company pays the supplier's invoice within a specified period of time.

# data[].attributes.body
The ratio of a profit or loss made in a fiscal year expressed in terms of an investment and shown as a percentage of increase or decrease in the value of the investment during the year in question. The basic formula for ROI is: ROI = Net Profit / Total Investment * 100

# data[].attributes.body
Marketing strategy based on the theory that certain prices have a psychological impact. Retail prices are often expressed as "odd prices": a little less than a round number, e.g. $19.99

# data[].attributes.body
Companies sell a package or set of goods or services for a lower price than they would charge if the customer bought all of them separately.

# data[].attributes.body
Process of selecting strategic price points to best take advantage of a product or service based market relative to competition

# data[].attributes.body
A pricing strategy where the price of a product is initially set low to rapidly reach a wide fraction of the market and initiate word of mouth.

# data[].attributes.body
Offering consumers the opportunity to finance their purchase with little to no interest charges for the extent of the contract.

# data[].attributes.body
A price agreed upon for the supply of goods or services by both buyer and seller.

# data[].attributes.body
An organization created by many producers to try to market their product and increase consumption and thus prices.

# data[].attributes.body
To greatly increase the size of something.

# data[].attributes.body
A pricing strategy in which a marketer sets a relatively high initial price for a product or service at first, then lowers the price over time.

# data[].attributes.body
Pricing strategy promising consumers a low price without the need to wait for sale price events or comparison shopping.

# data[].attributes.body
The action (generally illegal) of advertising goods which are an apparent bargain, with the intention of substituting inferior or more expensive goods.

# data[].attributes.body
Marketing process wherein products or services within a specific group are set at different price points. The higher the price, the higher the perceived quality to the consumer.

# data[].attributes.body
Common pricing strategy used by retailers to attract customers. It involves setting a lower price points and reducing typical profit margins to introduce brands or stimulate interest in the business as a whole or a particular product line. Products sold in this strategy are often sold at a loss.

# data[].attributes.body
Manufacturer

Suggested

Retail

Price

# data[].attributes.body
An agreement (written, verbal, or inferred from conduct) among competitors that raises, lowers, or stabilizes prices or competitive terms.

# data[].attributes.body
Price per unit of quantity of a commodity traded in the international marketplace, set by the country or producers' organization that consistently exports the largest quantity or volume of the commodity or in a marketplace.
Ex . Could be used to compare processes in one retail store with those in another store in the same chain.

# data[].attributes.body
A proportionate saving in costs gained by an increased level of production

# data[].attributes.body
Process of selecting strategic price points to best take advantage of a product or service based market relative to competition.

# data[].attributes.body
Business costs such as rent, that are constant whatever the quantity of goods or services produced

# data[].attributes.body
A cost that varies with the level of output

# data[].attributes.body
The difference between the price that you sell the product for and how much it costs to make.

# data[].attributes.body
Percentage added to the original cost of a good or service.

$100- 50% mark up
$150

# data[].attributes.body
The production level where the total revenues equal the total expenses.