The new model will retail for 30,000 yen.

They want to encourage high volume purchases, and so they have stepped pricing that is oriented to create volume.

Then auctions like eBay are another example of dynamic pricing.

But this is, of course, an optimistic scenario. Let's think of other scenarios.

But there are two types of prices.

And you know that it's going to be 100.

It turns out we made this pretty easy.

I could actually price on specific customer segments or on features I know they need.

Well, I won't define the vehicle for you, but I will define the cost for you.

There's no haggling.

So if the sale is twenty five percent off of x, we could say that the new price, the sale price will be x minus twenty five percent of x is equal to the sale price.

So let's say it's 1.05.

How can all of these estimates produce a reasonable answer?

Feeling underrated and unappreciated.

But anyway, the whole point of this video is, is when you have these asset bubbles, like in real estate, and you have this downplaying of risk, and this psychology that an asset class can only go up.

Set a price for this item

Preston promised his car would sell for 1,000.

So let's talk about our first scenario here, where let's say this curve, people didn't expect prices to change for my e book and now all of a sudden, people expect there's a change in expectation.

Let's take a look.

Price

They just have it around.

licensing and intermediation and direct sales, etc.

One is fixed prices.

But there's another type of pricing.

What s the revenue stream. That s our strategy.

So over here let me draw a better graph than that.

So it turns out that those fuels and technologies exist, and this is an example of that this is a solar LED light bulb that we sell for a retail price of about 10 dollars in rural Haiti.

Cost plus market, value pricing, and volume price are all examples of fixed pricing tactics.

Notice that the selling price is written in red.

Cost of goods sold, well that's just the cost of the goods sold.

Fella from yale. Writes fiction no one reads,but he's one hell of a biographer.

The retail price index is a barometer of economic activity.

It should be a value based decision.

That just means that the last three yield management, real time, and auctions are examples of dynamic pricing.

In companies do you know how much each individual department can sign off for?

Well, let's put a tax on oil that is a non revenue tax, and it basically says for the next 20 years, the price of oil will be whatever you want, 35 bucks, 40 bucks.

You can almost view it as our new principal.

And then kind of the third common errors, my price hast to be less than my competitor's price.

What was the market size? What share could you take?

Par value

Redemption

Present value

Present values

Future value

Dr. Price?