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Indian Journal of Marketing

ISSN: 0973-8703 Frequency: Monthly Peer Review: Double-blind Published since: 1968 Language: English
A publication of AMCPL
amcon.co.in
New Delhi, India
Indexed in: Scopus Q3 UGC-CARE Group II ABDC: C Google Scholar J-Gate NAAS NISCAIR Crossref

Original Article

Open Access Original Article

Online Pricing: Art of Price War

Sumanjeet Singh1Minakshi Paliwal2
Volume 40
Issue 1
Pages 28–33
Year 2010
Published: Jan. 1, 2010
Abstract

Pricing-i.e. price discrimination-is one of the most important elements of the marketing mix, as it is only the element which generates a turnover for the organization. The remaining 3 Ps (Place, Product and Promotion) are the variable cost for the organization. Throughout most of the history, prices were set by negotiation between buyers and sellers', and that remains the dominant model in many economies. But, like many other things, emergence and growth of e-commerce technology has reshaped the pricing landscape. Due to its unique cost structure and characteristics, it is almost impossible for the B2C companies to follow the traditional pricing strategy (cost plus).

How to Cite

Sumanjeet Singh, Minakshi Paliwal (2010). Online Pricing: Art of Price War. Indian Journal of Marketing, 40(1), 28–33.

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