Pricing Methods Think about the 8 different pricing methods

Pricing Methods: Think about the .8 different pricing methods (like markup ,pricing, target-return pricing perceived value pricing, value pricing, going-rate pricing, and auction-type pricing). As a consumer, which ?do you prefer to deal with? Why

Solution

As a consumer, I would find mark up pricing the easiest to deal with. This involves pricing in terms of the total cost incurred by the producer of a good or service in order to cover the costs of doing business and create a profit. This would mean that the cost is fixed and predetermined, and as a consumer I feel that is a fair transaction for both the parties.