Providing of Consumer Value Through the Price

Authors

Keywords
price, consumer value, trade

Summary
The price is an element which is present in every sale-trade. It is a source of information for the price offering of goods from the same or similar commodity groups, and it is a criterion when the different alternatives are compared and chosen. Therefore it participates in the process of creating and providing of consumer value. Different approaches of providing of value through the price, published in the literature and applicable to the retail trade are presented in the article. Based on that, the differentiated value through the price for every approach derived from the end users in the purchase process is also brought out.

JEL: F13, M31
Pages: 14
DOI: 

More titles

  • Managing the Business Tourism as a Prerequisite for Sustainable Growth

    The present paper aims to explore and analyze the possibilities of diversifying the supply of travel agencies by creating specialized products as a factor for achieving economic efficiency on the overall activity of the enterprise. The implementation of sustainable growth management strategies is a turning point for developing a competitive ...

  • Possibilities for Optimizing the Technical Reserves Related to Motor Third Party Liability Insurance

    In recent years, Motor Third Party Liability insurance has been leading in terms of premium income earned on the Bulgarian insurance market. This requires the creation of significant amount of technical reserves by insurers. Optimizing their size is a priority for any insurance company. The article describes some problems related to the ...

  • Innovative Activity of Small and Medium-Sized Enterprises as a Factor of Economic Growth

    The article focuses on the innovative activity of small and medium-sized enterprises and on their role in the economy of Latvia. Despite the economic growth, which has been observed in the national economy during recent years, the innovative activity of most enterprises remains rather low. The transformation of the Latvian economy in the context ...