How is service pricing determined?
— Service pricing is determined after the process of service production and distribution, with the main objectives being to obtain revenue and determine the value of the service.
Should service companies enter the market with low prices?
— Yes, service companies should enter the market with low prices to attract customers, but should also avoid price skimming and focus on providing high-quality services that meet customer demands at different price levels.
How does a company determine the most preferred service-price combination?
— A company determines the most preferred service-price combination based on customer analysis and cost estimation, offering customers options and different price levels for services.
How can customers determine the value of a service?
— Customers can determine the value of a service by analyzing the prices, costs, and offers of competitive companies, comparing them to other companies, and making the best purchase decision based on their needs and the benefits provided.
What factors determine the value of a service?
— The value of a service is determined by the ability of customers to afford it, the support of service providers, and the competition among service companies, with the importance of providing services at a suitable price being emphasized.
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