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Topic: Joint product pricing


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  Price skimming: Definition and Links by Encyclopedian.com
Price skimming is a pricing strategy in which a marketer sets a relatively high price for a product or service at first, then lowers the price over time.
The objective of a price skimming strategy is to capture the consumer surplus (the area in blue, between the single market clearing price (P*) and the highest price charged (P1)).
Price skimming can be considered either a form of price discrimination or a form of yield management.
www.encyclopedian.com /pr/Price-skimming.html   (789 words)

  
 Pricing
Pricing is one of the four aspects of marketing.
In economic terms, it is a price that shifts most of the consumers surplus to the producer.
Premium pricing (also called prestige pricing) is the strategy of pricing at, or near, the high end of the possible price range.
www.ebroadcast.com.au /lookup/encyclopedia/pr/Pricing.html   (791 words)

  
 pharmanex product 'jointformula'
A primary function of the joints is to hold the skeletal structure of your body together.
Joint Formula provides an advanced blend of glucosamine, antioxidant vitamins C and E, trace minerals and flavonoids turmeric and rutin, and Boswellia serrata for comprehensive nutritional support.
Glucosamine production decreases with age and is a precursor for hyaluronic acid, which also decreases with age but is important and helpful for healing.
www.pharmanex.com /au/product/jointformula.shtml   (410 words)

  
 Pricing | Topic Definition | Find the Meaning and Define the Answer of Pricing
Price lining in the use of a limited number of prices for all your product offerings.
Its underlying rationale is that these amounts are seen as suitable price points for a whole range of products by perspective customers.
The greater the uncertainty surrounding a product, the more consumers depend on the price/quantity hypothesis and the more of a premium they are prepared to pay.
www.thefreeencyclopedia.com /definition/word.aspx?w=Pricing   (867 words)

  
 Joint product pricing - Wikipedia, the free encyclopedia
Consumers of one product could be more price elastic than the consumers of the other product (and therefore more sensitive to changes in the product's price).
Their production could be linked in the sense that they are bi-products (referred to as complements in production), or they could be linked in the sense that they can be produced by the same inputs (referred to as substitutes in production).
Quantity supplied of product B is increased to the point that marginal revenue becomes zero (ie.: the point where the marginal revenue curve intersects the horizontal axis).
en.wikipedia.org /wiki/Joint_product_pricing   (469 words)

  
 Marketing
Marketing is the craft of linking the producers of a product or service with customers, both existing and potential.
The Product management aspect of marketing relates to the specifications of the actual good or service, and how it relates to the end-user's needs and wants.
Pricing refers to the process of setting a price for a product.
www.ebroadcast.com.au /lookup/encyclopedia/ma/Marketing.html   (286 words)

  
 MX (Advertising - Pricing for Value) - May/Jun 2002
The notion of slowing the pace of new product launches is certainly contrary to the product-development strategy currently in place at most device companies, and on first view it might also seem to be contrary to the commercial interests of such companies.
Joint development of technologies and joint work on reimbursement and outcomes issues would be beneficial to the companies that participate in the partnership.
Medical device companies should view pricing decisions not merely as a means of setting a purchase price for their products, but also as a strategic decision.
www.devicelink.com /mx/archive/02/05/deshpande.html   (3243 words)

  
 Which Price is Right?
We just don't discuss prices." Finally, she pleaded, "If I talk about prices, I could go to jail." The spokeswoman for a telecom company said, "We're not going to talk about prices, and the fact that we're not going to talk about it is off the record.
Kent Monroe, a professor at the University of Illinois at Urbana-Champaign, is one of the deans of pricing.
Jim Compton, senior vice president of pricing and revenue management at Continental Airlines, not only wasn't scared of going to jail if he talked about prices, he was happy to pull back the curtain, to show fliers what he and his 150-person staff are up against.
www.fastcompany.com /online/68/pricing.html   (4406 words)

  
 Pricing - Wikipedia, the free encyclopedia
Pricing is one of the four p's of the marketing mix.
The classic example of this is the pricing of the snack cake Twinkies, which were perceived as low quality when the price was lowered.
These include : price skimming, price discrimination and yield management, price points, psychological pricing, bundle pricing, penetration pricing, price lining, value-based pricing, geo and premium pricing.
en.wikipedia.org /wiki/Pricing   (1178 words)

  
 Topic 9: Pricing and Profit Analysis
However, this type of price discrimination is not common and may occur only when there are a small number of buyers because it requires firms to know exactly the maximum price each consumer is willing and able to pay for the goods.
By having two-part pricing strategy where the price is set at the marginal cost MC and the fixed fee equivalent to all the shaded areas to capture consumer surplus, the firm is able to maximise the profit.
Price discrimination, two part pricing and bundling strategies can be used to improve the firm’s profit based on the estimation of the price elasticity of demand and the ability to classify groups of customers into different market segments.
www.unisanet.unisa.edu.au /Resources/100404/StudyProgram/Topic_9.htm   (2895 words)

  
 Joint Therapy   (Site not responding. Last check: 2007-11-01)
Chondroitin and glucosamine are components of cartilage and joints and are natural treatments for osteoarthritis.
Osteoarthritis is caused by the erosion of cartilage and the decrease of synovial fluid in the major joints of the body.
See the latest research findings wherethe vitamin C ingredient in this product may help prevent smoking effects on the fetal infant(s) during pregnancy, heart disease (news references 1, 2, and 3), improve lung function, reduce oxidative stress, and treat colorectal cancer and diabetes.
www.nutritionfarm.com /products/PRODUCTS/jointtherapy.htm   (948 words)

  
 Nutrition Industry Executive : Building Up Joint Health [Oct05]
On the other hand, good, natural alternative joint-care products are ignored by medical communities, often because they do not know much about them and their focus [is] on a single-chemical solution.
If consumers are turning to natural products for joint health, it’s with the expectation that these supplements offer alternatives to the conventional treatments for deteriorating joints: drugs to mask the symptoms or reduce inflammation, and surgery to replace the joints.
Sales of glucosamine products are expected to reach $800 million this year, according to Chicago-based market research firm Mintel, and the ingredient dominates new product introductions in this category, along with chondroitin sulfate.
www.vitaminretailer.com /NIE/2005/10/NIE1005JointHealth.htm   (2159 words)

  
 deseretnews.com | Set prices with beginning, end point in mind
One of the first problems facing an entrepreneur starting up a new business is the question of what price to charge for the company's product or service.
Because of the advantage created by their success with universities and university students, IBM not only sold computers at much higher prices, but they also made substantial amounts of money with the aftermarket service and support.
Prices should be set to attract the customer at the decision point.
deseretnews.com /dn/view/0,1249,635208669,00.html   (603 words)

  
 Questions & Answers   (Site not responding. Last check: 2007-11-01)
It is synthesized in the body by cartilage cells and is the key building block for the production of the joint lubricants required for joint movement and function.
A: Glucosamine works in two ways: It hydrates by helping cartilage tissue that absorbs water, the primary cushioning agent in your joints, and it lubricates because it is the key building block in the production of hyaluronic acid, the lubricant of all joint cartilage tissue.
MSM is a form of sulfur that has been shown to improve joint function in some studies, however we feel there are adequate sources of sulfur in most diets and we do not use it Joint Juice.
www.jointjuice.com /Q_and_A.html   (638 words)

  
 Duane Morris - Supreme Court Upholds Joint Venture Product Pricing
Prior to its formation, the joint venture was approved via consent decree by the Federal Trade Commission as well as several state attorneys general of western states.
According to the Court, "the pricing policy challenged here amounts to little more than price setting by a single entity" because when companies that "otherwise would be competitors pool their capital and share the risks of loss and opportunities for profit, such joint ventures are regarded as a single firm competing.
The Court makes clear that the rule of reason analysis would not apply to sham joint ventures, nor would rule of reason analysis apply to restraints on nonventure activities arising out of a joint venture, unless they are justified under the ancillary restraints doctrine.
www.duanemorris.com /alerts/alert2122.html   (481 words)

  
 We Know: How to Price A Product
A common pricing practice among small businesses is to follow the manufacturer's suggested retail price.
The suggested retail price is easy to use, but it doesn't adequately account for the element of competition.
Material costs are the costs of all materials found in the final product, such as the wood, glue and coverings used in manufacturing a chair.
www.ineed2know.org /ProductPricing.htm?referrer=adwords   (421 words)

  
 Managerial Economics: Applications, Strategies and Tactics with Economic Applications, Tenth Edition
New Pricing Appendix: Chapter 14, "Pricing Techniques and Analysis" has been entirely rewritten, including new material on differential retail pricing, product life cycle pricing, pricing of on-line products and a new section on bundling.
The material on joint product pricing and transfer pricing has been moved to a new Appendix 14B.
His specialties are pricing tactics and capacity planning, two topics that ideally integrate functions traditionally ascribed to marketing, operations, and finance.
www.newtexts.com /newtexts/book.cfm?book_id=2414   (1533 words)

  
 Healthy joints - Glucosamine Chondroitin, Natural Supplement said to help prevent the onset of arthritis
These two important herbal remedies have shown useful in helping to alleviate joint pain.* We've also included the essential trace minerals Boron, and Manganese to assist the metabolism and the speedy repair of your bones and joints.
Joint / Renu also contains 500 mg of Vitamin C for proper assimilation of the glucosamine and chondroitin.
"This product does not simply suppress symptoms, it is a natural substance that improves a condition by addressing the underlying cause and supporting the body's natural ability to heal itself."
www.thenaturalshopper.com /glucosamine-bone-joint.htm   (343 words)

  
 Econ 310
Recall from our previous chapter on product differentiation that high consumer travel cost (or strong brand loyalty) yield higher equilibrium prices in Hotelling-style models, which is consistent with the fact that high travel cost or strong brand loyalty means that the consumers have low demand elasticities for the particular products.
These products may be complementary, such as a pizzaria selling pizza and beverages, or the products may be substitutes to some degree or another, such as the cars made by the Buick and Chrysler Divisions of General Motors.
Either way, product pricing in a multiproduct setting is a bit more complicated than for the single product case because of the interactive effect of a change in the price of one good on sales of other goods.
www.humboldt.edu /~microeco/pricing.htm   (2746 words)

  
 Wikinfo | Marketing
Marketing is the craft of linking the producers (or potential producers) of a product or service with customers, both existing and potential.
Product - The Product management aspect of marketing deals with the specifications of the actual good or service, and how it relates to the end-user's needs and wants.
Pricing - This refers to the process of setting a price for a product, including discounts.
www.wikinfo.org /wiki.php?title=marketing   (387 words)

  
 Resistoflex PTFE Expansion Joints
Expansion joints are used to compensate for movement, misalignment, axial travel, angular deflection, and or vibration in piping systems.
Resistoflex expansion joints are made of contour molded PTFE, providing exceptional corrosion resistance and flex-life twice that of our nearest competitor.
The new E-Series expansion joints have limit cables instead of limit bolts, to allow for greater misalignment and angular deflection.
www.ptfeflexjoints.com   (378 words)

  
 MSM for Dogs: Joint Supplements with MSM for Advanced Dog Joint Care from Drs. Foster & Smith
Joint Care™ Advanced 2 with MSM supplements contain Methylsulfonylmethane (MSM), a natural form of organic sulfur, commonly used in animals with arthritis.
Formulated with manganese, used by the body in the synthesis of cartilage and joint fluid.
After a response is seen, product may be gradually reduced by up to one-half to a maintenance level.
www.drsfostersmith.com /Product/Prod_Display.cfm?pcatid=14068   (440 words)

  
 Web Store   (Site not responding. Last check: 2007-11-01)
Joint Juice and Joint Juice Plus are now available on our web site in new 48 can cases.
If you have questions about Joint Juice or the benefits of glucosamine see our Q and A page or contact Customer Support.
This product is not intended to diagnose, treat, cure or prevent any disease.
www.jointjuice.com /Web_Store.html   (84 words)

  
 Glusomine Chondroitant Sulfate MSM Dysplasia Arthritis OCD HOD | GREATDANELADY.COM
The joint support products I have listed below should be use in conjunction with the Nzymes product which is a natural anti-inflammatory.
With the large/giant breeds their joints have added stressed, so any thing that can help support them as they age is a positive thing in my opinion.
is a product that you purchase from the vet.
www.greatdanelady.com /articles/joint_support_products_that_work.htm   (581 words)

  
 Three Significant Supreme Court Antitrust Rulings Require Careful Interpretation by Joshua P. Dau, Kevin J. O'Connor | ...
The court ruled such pricing activities should be analyzed under a broader rule and held that a legitimate, economically integrated joint venture’s product pricing decisions should not be condemned as automatically illegal.
The joint venture in this case was a true economic integration of the parties’ competitive operations.
Moreover, joint venture activities are still subject to review under the rule of reason, which requires the joint venture to demonstrate that the pro-competitive benefits of the joint venture outweigh any potential anti-competitive effects.
www.gklaw.com /publication.cfm?publication_id=467   (770 words)

  
 Pain Spray, Safe Pain Relief Spray :: VP Specialty Products
Perhaps you suffer from arthritis, joint pain, or even general aches and pains.
With this product easing your sore muscles and joint pain has become effective and convenient.
I got a sample of your product and it is the most wonderful thing I have ever tried.
www.vpsproducts.com   (443 words)

  
 Reinsurance Group of America - RGA
RGA is a recognized industry leader in facultative underwriting and competitive reinsurance pricing.
With our expertise in the life reinsurance industry, insurance products and associated risks, as well as the ability to provide superior actuarial services, RGA is ideally suited to assist you in bringing products to the market in a timelier manner.
Sharing the risk through joint product development aligns our incentives directly with yours.
www.rgare.com /products/product_dev.asp   (200 words)

  
 Joint Salutation -- AddOnStore for ACT!
Automatically generate a "joint" "Saluation" field using the values from two user-selected fields, connected by a user-specified string
Joint Salutation— Automatically create a Salutation for couples, partners, agents, or any pair of fields.
Please note: These products must be registered with the manufacturer.
www.actaddons.com /products/2005/jointsalutation.asp   (611 words)

  
 People with Arthritis - Joint Pain - Aches and Pains - Allergies - Low Energy - Inflammation
If your were limited to just one brand of nutritional products to support your family's primary needs for LIVE food enzymes, then the special blend of whole foods and antioxidants that comes in
I guess I just assumed that was par for the course, since my mother had had a hip replacement in her later years.
ZYMES® blend of live food compounds and antioxidants are used by the body for the production of vital enzymes which act as biocatalysts to help maintain cellular functions and support the immune system.* Together these ingredients help to cleanse free radicals and toxins from the body*.
www.nzymes.com /product-humans.htm   (1103 words)

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