What Types of Pricing Models Can Be Implemented Using Pricing Software?
Pricing software can support various pricing models, including:
- Cost-Plus Pricing: Adds a markup to the cost of producing the product. - Value-Based Pricing: Sets prices based on the perceived value to the customer. - Dynamic Pricing: Adjusts prices in real-time based on demand and supply. - Freemium Model: Offers basic services for free while charging for premium features. - Subscription Pricing: Charges customers a recurring fee for continued access to a product or service.