Saturday, November 23, 2013

Ways To Determine DS3 Pricing Strategies

By Georgia Diaz


Digital signal three also referred to as T3 line can be abbreviated as DS3 and operates on a data rate of forty five megabytes per second. It can operate on a wireless band or a wired one. The companies that sell the digital signal three are firms that deal in communication more specifically on local exchange carriers and local incumbent carriers and thereby get to dictate DS3 pricing.

The returns a company gets after selling its products and services is known as pricing. This is influenced by the market condition, product or service brand, quality of product, and competition. The profit earned must be the last outcome of any commodity and should be compatible with the cost in the market. Internet providers and loop determines the cost of digital signal three.

Education of clients on services and commodities brings understanding to what the product can do thus helps clients in accepting the product cost. A company should offer free trial versions during learning sessions. However, restrictions are necessary such as on the number of emails a client can send giving them the urge to want to purchase a full version. After purchase, all components are reactivated.

Cost of items is also affected by seasonal selling. The law of economics states that when supply is high then cost of good is low. Therefore high demand of products when there is shortage leads a company to increase the cost of commodities. Incentives on items such as bonuses and discounts are ways firms use to appreciate loyal clients while attracting more clients. In other established organizations loyal customers are given points that they can redeem for free services every time they use their products.

Diversifying on products and services helps a lot in pricing. The firm may be unable to increase the cost of certain items but as an alternative they could produce a different product of high quality and efficiency and put a high cost on it. Sudden increase in costs should be discouraged; the clients need to be notified in advance if the items are to increase in cost.

Community lifestyles and beliefs affect how people buy products. Community matters dictate the kind of group that clients belong to or would like to belong to often determine what they like. For example clients buy expensive smart phones because it gives them the status they require in the community. The product must assist customers to feel that they belong to the group they want.

How the company differs from their competitors can determine how they charge for the goods and services. By being unique they will stand out in the market and be recognized by clients. It may be simple things like, free repair services or even developing a caring attitude towards their customers.

DS3 pricing that can be considered fair is the key to successful selling of products and services. An organization enjoying a monopolistic market should not overprice the customers who buy from them but should be considerate to them. Unfair prices may bring in very large profits to the organization but later may result to disastrous effects in the future such as poor customer satisfaction and customers migrating to other firms. The company and clients should be able to feel comfortable with the cost of any items or services purchased. However, undercharging may result in diminishing revenues.




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