Price Discrimination

Price discrimination or price differentiation is a pricing strategy where identical or largely similar goods or services are transacted at different prices by the same provider in different markets or territories. Price differentiation is distinguished from product differentiation by the more substantial difference in production cost for the differently priced products involved in the latter strategy. Price differentiation essentially relies on the variation in the customers' willingness to pay.
Posts about Price Discrimination
  • 3Q EARNINGS: Facebook Not Entering the Payments Business on Its Own

    … that focusing on the ads part is going end up being the more effective thing for us to do, but we realize that it’s important for the ad system over time for and for all of our partners for there to be a payment system, which is why we’re excited about partnering with credit-card companies and partnering with PayPal and all of the different folks doing online payments to make their solutions as good as possible as well. Readers: What do you think of Facebook’s approach to payments? Image courtesy of Shutterstock. …

    David Cohen/ AllFacebookin Social Facebook- 3 readers -
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