Thursday, November 21, 2013

Ways To Determine DS3 Pricing Strategies

By Georgia Diaz


Digital signal three is also abbreviated Ds3 while in different terms it is known as T3 Line. It uses circuits that are wired or wireless with data rates of 45 megabytes. DS3 pricing provided by different industries is influenced by the types available; these are incumbent carrier communication companies and competitive local exchange carriers companies.

Strategies that firms use to determine how they will go about selling and help them in deciding the cost to put on items is known as pricing. Factors that determine these costs include quality of items, competitors, brand and production cost. The need for all this will help the company to know whether or not profits will be earned, at the same time costs should match the other items of the same brand in the market. There exist two features of DS3 that determine its price; the loop (it is distance sensitive) and the internet provider to be used.

Creating awareness on the products and services of any firm helps customers know how they can benefit from purchasing this product. Offering trials is a good way of educating clients on the products because they get to have a taste of the product but at the same time it has a limited time frame. If the clients like the trial, they now have to purchase the actual product.

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.

Costs can be determined by uniqueness of the firm. Tangible items are not necessarily unique since products may be in the form of services offered to clients. A company should offer something different not offered by competitors such as a free shipment.

Companies that determine DS3 pricing should always be considerate. If companies overcharge their clients today, they may opt to go for other different products in future. On the other hand if they charge extremely less they will end up with less or no profits.




About the Author:



No comments:

Post a Comment