THE FACTORS AFFECTING PRICING STRATEGIES IN TOURISM ESTABLISHMENTS A FIELD STUDY IN SOUTHEASTERN ANATOLIA REGION IN TURKEY
Journal Title: INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY - Year 2016, Vol 11, Issue 2
Abstract
Pricing is considered to be one of the most important marketing tools in sales and sales promotion. Pricing is also one of the important topics that businesses should be careful about if they want to have an edge over their rivals in the market. Pricing is a process controlled by business itself. There are internal and external factors pricing depends on. Internal factors are: marketing strategies, cost structure and cost decision mechanisms. External factors are; market and demand structure, product price of opponents, chain of distribution and legal legislation. This study aims to determine the factors affecting prices of products and pricing strategies of businesses. In this study, exploratory research was used so as to determine the pricing strategies of 4 and 5 star hotels operating in the Southeastern Region of Anatolia. As a result of the analyses, the most important factor affecting pricing was found out to be costs.
Authors and Affiliations
Yakup Durmaz, Dr. Murat Karahan Karahan, Dr. Erkan ALSU, Erhan DURUR
Keywords
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- EP ID EP654188
- DOI 10.24297/ijmit.v11i2.4868
- Views 122
- Downloads 0
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