Strategies Regarding Prices within the International MarketingGherasim, D., & Gherasim, A. (2019). Strategies regarding prices within the international marketing. Economy Transdisciplinarity Cognition, 22(2), 62.
Companies doing international business can adopt different types of marketing strategies on prices. Depending on the lifecycle of the company's products, there are strategies for new products (high price strategy, penetration strategy, price strategy stratification strategy, standard price strategy) and strategies for existing products (a strategy with different price levels, product price strategy, price strategy of global products, pricing strategy based on incentives and bonuses; price strategy for optional products, differentiated pricing strategy).