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Philippe Malaval,
Christophe Bénaroya and
Jonathan Aflalo
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Philippe Malaval: Toulouse Business School
Christophe Bénaroya: Toulouse Business School
Jonathan Aflalo: ATPCO-Airline Tariff Publishing Company
Chapter 8 in Aerospace Marketing Management, 2014, pp 275-307 from Springer
Abstract:
Abstract Price, which is often a determining factor for customers choosing among different products or services, is a key variable in the marketing mix. When establishing a sales price external constraints (regulations, market price, customer behavior) as well as the constraints associated with in-house strategic objectives (costs, profitability, policy, etc.) need to be considered. While there are different methods for determining the price, the final decision depends on the strategy of the company. Depending on the market response, prices often have to be adjusted. This is in part the case of airlines when they use yield management.
Keywords: Customer Loyalty; Sales Price; Price Determination; Cost Price; Revenue Management (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-319-01354-1_8
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DOI: 10.1007/978-3-319-01354-1_8
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