Pricing Strategies

This is the type of pricing where it is based on the raw materials, manufacturing, and labor put in the product.

• Consumer based Pricing

• Production Pricing

• Cost-based Pricing

• Retail Pricing

WebTest is a cloud-based low-code automation tool. It asks for the number of users in order to provide you with its price. Which cost-based pricing is this?

• Usage-based Pricing

• Peopleware Pricing

• Proprietary Pricing

• User-based Pricing

This type of pricing attempts to provide different packages or bundles depending on user needs and their willingness to pay.

• Tiered Pricing

• PWYW Pricing (Pay What You Want)

• Classified Pricing

• Layered Pricing

Value-based pricing is based on the value approved by an organization's key stakeholders after the product is created.

• True

• False

This type of value driver is based on the consumer's perception about the price of acquiring, owning, using and disposing of the product or service.

• Product Eppreciation

• Cost of ownership

• Economic Value

• Consumer Evaluation

Another value driver that captures the emotional and psychological factors the consumer considers.

• Buyer Motivation

• Buyer Preference

• Consumer Tendencies

• Consumer Demographics

This is one of the IT influences on pricing strategy where it grants a large number of customers to access solutions. This allows different pricing opportunities for bundling and customization.

• BYOB (Build Your Own Bundle)

• Subscription Model

• Domain Expansion

• Enhanced reach

Which of the following is NOT considered as one of the current IT Pricing Strategies?

• Monthly Subscription

• Buy Now, Pay Later

• Up-front license fees

• Free and "Free, but Not Free"