One of the four P's of marketing which brings revenue into the organization is price. Price is the exchange value of a good or service. An item is worth only what someone else is willing to pay for it. In a primitive society, the exchange value may be determined by trading a good for some other commodity. More advanced societies use money for exchange. But in either case, the price of a good or service is its exchange value.Brand equity is real equity, the balance-sheet value of that identity. Its strength is built on its ability to remain unaffected by temporary fluctuations in any of the...
One of the four P's of marketing which brings revenue into the organization is price. Price is the exchange value of a good or service. An item is wor...