Distinguish the Pricing of Service from Product

Price is a "language" to customers. If a marketer does not pay attention to the price structure that the market prefers, he may be unable to achieve his company goal, which is gaining profit. Why service pricing is so important to marketers? It is significant because service does more than just provide a means to drive sales. Marketers can capture and maintain their market share and build sales in the their particular industry. In these days, as service is becoming the main source of profit for many companies, it is playing a more essential role in marketers point of view. …