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- Competitor_indexing abstract "Competitor indexing is a price setting technique used by marketers. Generally, it involves using the price of competitors' products in determining the price of your own products.Variations of this strategy include: matching competitors price setting price at an amount above competitors' price (say $5 more) setting price at an amount below competitors' price (say $4 less) setting price at a percentage above competitors' price (say 3% more) setting price at a percentage below competitors' price (say 10% less) setting price within a range of the competitors' price (say no more than 5% more and no less than 8% less than competitors price)This strategy is typically used by fringe firms, in an industry with one or two dominant companies (in fact, it is sometimes referred to as the "follow the leader strategy"). Its main advantage is ease of use. Extensive marketing research and statistical analysis are not required. The main disadvantage is that it is purely reactive. Price cannot be used as a variable when constructing a marketing mix: it becomes a constant over which the firm has no control.".
- Competitor_indexing wikiPageID "258767".
- Competitor_indexing wikiPageRevisionID "557300013".
- Competitor_indexing hasPhotoCollection Competitor_indexing.
- Competitor_indexing subject Category:Marketing.
- Competitor_indexing subject Category:Pricing.
- Competitor_indexing comment "Competitor indexing is a price setting technique used by marketers.".
- Competitor_indexing label "Competitor indexing".
- Competitor_indexing label "فهرسة المنافس".
- Competitor_indexing sameAs m.01m3_q.
- Competitor_indexing sameAs Q5156366.
- Competitor_indexing sameAs Q5156366.
- Competitor_indexing wasDerivedFrom Competitor_indexing?oldid=557300013.
- Competitor_indexing isPrimaryTopicOf Competitor_indexing.