MARKETING MANAGEMENT 14thediti • Developing Pricing Strategies and Programs Chapter Questions • Bagaimana konsumen melakukan evaluasi harga ? • Bagaimana perusahaan melakukan setting harga awal? • Bagaimana perusahaan melakukan perubahan harga sesuai peluang dan kejadian tertentu? •14-2 Synonyms for Price • • • • • • • • Rent Tuition Fee Fare Rate Toll Premium Honorarium • • • • • • • Special assessment Bribe Dues Salary Commission Wage Tax •14-3 Faktor Harga 1. Apakah perusahaan mampu bersaing dari sisi harga.? 2. Apakah perusahaan mampu memberikan discount? 3. Apakah perusahaan mempunyai hambatan dalam penentuan harga pokok produksi ? 4. Apakah ada konsukuensi yang harus dihadapi dengan harga yang telah ditetapkan? 5. Apakah margin keuntungan telah disepakati ? •14-4 Common Pricing Mistakes • Tentukan Biaya dan ambil margin industri yang berlaku selama ini • Gagal merevisi harga akibat perubahan pasar • Menentukan harga secara independen terhadap marketing mix yang lain • Gagal menentukan harga yang bervariasi berdasarkan item produk, segmen pasar, saluran distribusi, dan kejadian membeli •14-5 Consumer Psychology and Pricing Harga Rujukan Price-quality inferences Price cues •14-6 Table 14.1 Possible Consumer Harga Rujukan • • • • “Fair price” Typical price Last price paid Upper-bound price • • • • Lower-bound price Competitor prices Expected future price Usual discounted price 14-7 Table 14.2 Consumer Perceptions vs. Reality for Cars Overvalued Brands • Land Rover • Kia • Volkswagen • Volvo • Mercedes Undervalued Brands • Mercury • Infiniti • Buick • Lincoln • Chrysler 14-8 Price Cues • “Left to right” pricing ($299 versus $300) Harga lebih murah 299 krn krn ada dikisaran 200 • Persepsi diskon angka ganjil, ( angka 9 tidak layak dipasang diujung jika ingin dikatakan harganya tinggi ) • Persepsi nilai angka genap, Harga tinggi harus berujung genap. • Ending prices with 0 or 5 ( angka yang mudah diingat dan diproses) • “Sale” written next to price 14-9 When to Use Price Cues • • • • • Pelanggan jarang membeli barang Pelanggan baru Rancangan produk bervariasi Harga berubah sesuai musim Quality or sizes vary across stores •14-10 Steps in Setting Price Memilih Tujuan Penetapan Harga Menentukan Permintaan Estimate costs Analyze competitor price mix Select pricing method Select final price •14-11 Step 1: Selecting the Pricing Objective • • • • • Survival Maximum current profit Maximum market share Maximum market skimming Product-quality leadership •14-12 Step 2: Determining Demand Price Sensitivity Estimating Demand Curves Price Elasticity of Demand •14-13 Figure 14.2 Inelastic and Elastic Demand •14-14 Step 3: Estimating Costs Types of Costs Accumulated Production Activity-Based Cost Accounting Target Costing •14-15 Cost Terms and Production • • • • • Fixed costs Variable costs Total costs Average cost Cost at different levels of production •14-16 Figure 14.4 Cost per Unit as a Function of Accumulated Production •14-17 Step 5: Selecting a Pricing Method • • • • • • Markup pricing Target-return pricing Perceived-value pricing Value pricing Going-rate pricing Auction-type pricing •14-18 Figure 14.6 Break-Even Chart •14-19 Step 6: Selecting the Final Price • • • • Impact of other marketing activities Company pricing policies Gain-and-risk sharing pricing Impact of price on other parties •14-20 Differentiated Pricing and Price Discrimination • • • • • • • Customer-segment pricing Product-form pricing Image pricing Channel pricing Location pricing Time pricing Yield pricing •14-21 Price-Adaptation Strategies Geographical Pricing Discounts/Allowances Promotional Pricing Differentiated Pricing 14-22 Price-Adaptation Strategies Countertrade • Barter • Compensation deal • Buyback arrangement • Offset Discounts/ Allowances • Cash discount • Quantity discount • Functional discount • Seasonal discount • Allowance 14-23 Promotional Pricing Tactics • • • • • • Loss-leader pricing Special-event pricing Cash rebates Low-interest financing Longer payment terms Warranties and service contracts • Psychological discounting 14-24 Table 14.5 Profits Before and After a Price Increase 14-25 Increasing Prices Delayed quotation pricing Escalator clauses Unbundling Reduction of discounts 14-26 Figure 14.7 Price-Reaction Program for Meeting Competitor’s Price Cut 14-27 Auction-Type Pricing English auctions Dutch auctions Sealed-bid auctions 14-28 Brand Leader Responses to Competitive Price Cuts • • • • • Maintain price Maintain price and add value Reduce price Increase price and improve quality Launch a low-price fighter line 14-29 Marketing Debate Is the right price a fair price? Take a position: 1. Prices should reflect the value that consumers are willing to pay. 2. Prices should primarily just reflect the cost involved in making a product. 14-30 Marketing Discussion As a consumer, which pricing method do you personally prefer to deal with? Why? 14-31