Definition: By-Product Pricing is a pricing strategy in which a secondary, by product has significant value and the manufacturer achieves an advantage by recovering some of its expenses by selling the by product. Sometimes the profits are used to reduce the price of the primary product. |
More on pricing: Cost-based Pricing, Decoy Effect, Demarketing, Dynamic Pricing, Loss Leader, more on pricing... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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