Strategic Pricing of Bee Products from the Ruse Region

2021 ◽  
Vol 13 (1) ◽  
Author(s):  
Lyubomir Lyubenov ◽  
◽  
◽  
Keyword(s):  
Market Price ◽  
Decisive Role ◽  
Added Value ◽  
Price Leadership ◽  
Pricing Policy ◽  
Continuous Increase ◽  
Strategic Pricing ◽  
Low Costs ◽  
Strategic Relationships ◽  
Limited Demand

The study reveals that in the context of global competition in supply, limited demand, and product parity in the B2B and B2C markets for bee products, there are significant limitations on the applicability of cost pricing methods (cost and desired profit) and partly of demand-based methods. In addition, the study shows that the most applicable pricing methods are the ones based on competition. Regional honey, the main product of beekeeping in the Ruse region, has a negligible differentiated value (monetary and psychological) in the B2B and B2C markets compared to its competing counterparts, due to which its price fluctuates around its market price. The lack of product differentiation, as well as established regional image and brand nowadays, do not allow producers to achieve prices higher than the market ones. Beekeeping farms in the Ruse region should build horizontal and vertical strategic relationships to gain price leadership through low costs and high quality. Value communication is necessary to protect the value and importance of regional bee products from competitors. This should be done by increasing the willingness of customers to pay a higher price for them. The pricing policy of beekeeping farms defines the general price behaviour based on the achieved differentiated value of the regional bee products and its continuous increase. The formation of regional bee products with high added value has a decisive role in the positive perception of the price by the different segments, due to which they reach higher price levels.

Neoteric Material Based on Renewable Resources for Metal-Contaminated Waters

2021 ◽  
Vol 9 (1) ◽  
pp. 3
Author(s):  
Iolanda-Veronica Ganea ◽  
Alexandrina Nan ◽  
Iulia Neamțiu ◽  
Călin Baciu
Keyword(s):  
Electron Microscopy ◽  
Renewable Resources ◽  
Absorption Spectrometry ◽  
Contaminated Water ◽  
Metal Release ◽  
Continuous Increase ◽  
X Ray ◽  
Environmental Media ◽  
New Material ◽  
Low Costs

A continuous increase of environmental pollution has been recorded worldwide, during recent decades, as a result of industrialization and urbanization. In particular, metal release in the environmental media may threaten human health, due to their persistence and accumulation in the food chain. We report here the functionalization of chitosan with poly(benzofurane-co-arylacetic) acid, which is a new material with the ability of complex metals from contaminated water. The synthesized polymer was structurally investigated by scanning electron microscopy (SEM), thermogravimetric analysis (TGA), X-ray photon electron microscopy (XPS), and Fourier-transform infrared spectroscopy (FTIR), while heavy metals were determined by atomic absorption spectrometry. Different isotherms and kinetic models were used to describe the absorption equilibrium and the behavior of the material, based on the initial pollutant concentration and contact time. The results are pointing out that such natural materials can be easily synthesized, at low costs, thus offering attractive solutions for wastewater treatment.

scholarly journals Assistance of Amanah Farmer Women's Group in Increasing Product Value Added Through Packaging and Label Design in Limapuluh Kota Regency

2021 ◽  
Vol 5 (2) ◽  
Author(s):  
Iis Ismawati ◽  
Raeza Firsta Wisra ◽  
Imelfina Musthafa ◽  
Riva Hendriani
Keyword(s):  
Market Price ◽  
Value Added ◽  
Added Value ◽  
Selling Price ◽  
Product Packaging ◽  
Implementation Team ◽  
Product Value ◽  
West Sumatra ◽  
Group Members ◽  
Value Added Products

Kelompok Wanita Tani (KWT)  Amanah is one of the SME groups that processes cassava into tradisional snacks of West Sumatra. Most products are sold wholesale, do not have labels and packaging, so the selling price is lower than the market price. The lack of knowledge of group members about the importance of product packaging and labels still an obstacle. The purpose of this community dedication is to provide awareness to the KWT Amanah community about the importance of labels and packaging in increasing product added value. In addition, the implementation team provided assistance in arranging P-IRT. The method used is trainning, discussion, observation and demonstration. This counseling activity provides insight and knowledge that can motivate KWT Amanah to make decisions in choosing the type of packaging used. This community dedication program are improves value added products through label designs,  increase members knowledge and create the products selling value  for partner.

Zeit- und kostenoptimierter Serienanlauf von Werkzeugen*/Time- and cost-optimized ramp-up of series production tools – Digital process support for reducing the effort and cycle time of correction loops

2018 ◽  
Vol 108 (11-12) ◽  
pp. 796-801
Author(s):  
G. Schuh ◽  
C. Kelzenberg ◽  
J. Wiese ◽  
F. Stracke
Keyword(s):  
Cycle Time ◽  
New Products ◽  
Decisive Role ◽  
High Time ◽  
Added Value ◽  
Optimization Approach ◽  
Learning Effects ◽  
Series Production ◽  
Process Synchronization ◽  
Process Support

Der Werkzeugbau kann bei der Produkteinführung entscheidend zu mehr Effizienz in Bezug zu Kosten und Zeit beitragen. Hinsichtlich der Optimierung der werkzeugbauseitigen Wertschöpfung birgt besonders der Serienanlauf der Werkzeuge aufgrund hoher Zeit- und Kostenanteile umfangreiches Potenzial. Die digitale Prozessunterstützung stellt in diesem Zusammenhang einen maßgeblichen Optimierungsansatz dar. Neben einer verbesserten Prozesssynchronisation lassen sich Lerneffekte standort- und projektübergreifend nutzen.   Tool making plays a decisive role in the realization of time and cost advantages of new products. With regard to the optimization of the tool shop’s added value, the qualification and ramp-up of tools holds extensive potential due to high time and cost shares. In this context, digital process support represents a decisive optimization approach. In addition to improved process synchronization, learning effects can be used across different sites and projects.

Strategic-Pricing Policy Based on Analysis of Service Attributes

2009 ◽  
Vol 50 (4) ◽  
pp. 498-509 ◽  
Author(s):  
Ching-Chow Yang ◽  
Lai-Yu Cheng ◽  
Dylan Sung ◽  
Glenn Withiam
Keyword(s):  
Pricing Policy ◽  
Strategic Pricing

scholarly journals Analysis of Hydrous Ethanol Price Competitiveness after the Implementation of the Fossil Fuel Import Price Parity Policy in Brazil

2021 ◽  
Vol 13 (17) ◽  
pp. 9899
Author(s):  
Aloisio S. Nascimento Filho ◽  
Hugo Saba ◽  
Rafael G. O. dos Santos ◽  
João Gabriel A. Calmon ◽  
Marcio L. V. Araújo ◽  
...  
Keyword(s):  
Open Economy ◽  
Coefficient Of Variation ◽  
Market Price ◽  
Import Price ◽  
Price Policy ◽  
Price Ratio ◽  
Pricing Policy ◽  
Before And After ◽  
Parity Price ◽  
Hydrous Ethanol

Competition is a relevant element in any open economy. Public policies are necessary to induce economic efficiency and to create conditions to preserve or stimulate a competitive environment. This paper aims to assess the competitiveness of hydrous ethanol price in a period of political, social and economic crises, in 15 Brazilian state capitals between the years 2012 and 2019. We compared the ethanol–gasoline price ratio behavior in two different periods, before and after the import parity price policy implemented by Petrobras in 2016. Mann–Whitney and Levene’s tests, two non-parametric statistical methods, were applied to verify significant changes between these periods. The implementation of changes in Petrobras’ pricing policy from 2016 onwards caused a statistically significant increase in the ratio coefficient of variation in two-thirds of the distribution market and more than the half of analyzed retail markets. Second, overall, the cities that showed statistically significant changes in the median and coefficient of variation in the distribution market price ratio were followed by the retail market. Our findings suggest that government interventions in the fuel and byproduct final selling prices to distributors negatively impact competition between companies that are part of the fuel distribution and retail chain, also affecting the sale of biofuels in Brazil and discouraging the initiatives to use renewable fuels to reduce the emission of pollutants.

scholarly journals Market Prospecting and Assessment of the Economic Potential of Glycerol from Biodiesel

2020 ◽  
Author(s):  
Alisson Dias da Silva Ruy ◽  
Ana Luíza Freitas Ferreira ◽  
Antônio Ésio Bresciani ◽  
Rita Maria de Brito Alves ◽  
Luiz Antônio Magalhães Pontes
Keyword(s):  
Acrylic Acid ◽  
World Trade ◽  
Market Price ◽  
Raw Material ◽  
Added Value ◽  
Industrial Plant ◽  
World Demand ◽  
Trade Center ◽  
Social Associations

Glycerol from biodiesel is a potential raw material for synthesis of several products with high added value. The world demand and the market value of these products are important information for defining the best investment for the implantation of a biorefinery. The information is available on websites of social associations, production companies and market consulting companies and can be mined, free of charge. The International Trade Center (ITC), with information on world trade and websites linked to the foreign trade agencies of every country, such as Comex Stat, in Brazil, are relevant search sources. In this context, this work presents procedures and search techniques for prospecting such information. Such a procedure is illustrated through a case study for which a search of market parameters for glycerol and its derivatives was carried out for use in the process design and economic evaluation of an industrial plant. It was found that crude glycerol had a market price close to US$ 170/ton, in 2019. Among its derivatives, acrylic acid, acrylonitrile and 1,3-propanediol have great potential for the development of new processes, within the scope of a biorefinery. Industrially, acrylic acid (US$ 1100/ton) and acrylonitrile (US$ 1500/ton) are produced from propene (US$ 880/ ton) and 1,3-propanediol (US $ 2000/ton) comes from glucose (US$ 460/t) or ethylene oxide (US$ 1200/t), which encourages the development of new sustainable processes.

THE SPECIFICS OF PRICING IN THE HOSPITALITY INDUSTRY

2018 ◽  
Author(s):  
Valentyna Nepochatenko ◽  
Keyword(s):  
Hospitality Industry ◽  
Market Price ◽  
Hotel Industry ◽  
Policy Formation ◽  
Pricing Policy ◽  
Price Differentiation ◽  
Almost Everywhere ◽  
Characteristic Features ◽  
Main Regulator ◽  
The Cost

The stage of investigating the factors that influence price is the most time-consuming. The validity of strategic and tactical pricing decisions depends on how thorough the analysis is conducted. This article deals with the issues of price management in the hospitality industry, including the pricing concepts of small and medium-sized hotels. Effective pricing policy includes not only setting the initial market price, but also methods of payment, types of discounts, price differentiation on various grounds. The cost of a room depends on seasonality, class of the hotel, as well as city and country. Considered characteristic features affecting the process of pricing in today's hospitality industry deserve special attention and are key to the success of the business. The hotel seeks to set a price that would cover the costs of production, distribution, product promotion and an acceptable rate of return. There is great scope for price differentiation in hotel services, both by the type of service provided in terms of volume, standard, time, quantity and by consumer. The constraints of an active pricing policy in the hotel industry are successfully addressed by differentiating prices for services. In the hotel industry, price is an indicator of the quality of service, so the accommodation tariff should reflect the actual supply. If the advertised prices to consumers are high for a hotel in a given class, they will look for another hotel. At the same time, low prices for accommodation services will lead to lower revenues and profits for the hotel establishment. Demand for hotel services is the main regulator of price levels, so incentives and forecasts should be the most important condition when setting the most effective prices. The rule of thumb almost everywhere is that when demand increases, price increases. Pricing policy formation in the hotel is a component of a unified marketing policy and is constantly being shaped by competing companies.

scholarly journals Changes of Strategic Pricing Policy of Logistics Service Providers in Financial Macroeconomic Instability

2021 ◽  
Vol 11 (12) ◽  
pp. 950-964
Author(s):  
Libor Simek ◽  
Vaclav Cempirek ◽  
Andrej David ◽  
Andrea Galierikova
Keyword(s):  
Economic Crisis ◽  
Complex Analysis ◽  
Service Providers ◽  
Economic Recession ◽  
Pricing Policy ◽  
Strategic Pricing ◽  
Logistics Service ◽  
Logistics Service Providers ◽  
Wide Range ◽  
Macroeconomic Instability

This paper aims to examine the influence of macroeconomic instability on the microeconomic environment, especially on financial strategy after the application of strategic pricing policy by providers of logistics services and make recommendations for providers who use pricing as a marketing tool. Special attention is paid to enhancing their competitive position in times of economic crisis. The research is based on an analysis of the situation during the 2008–2009 economic crisis. It is hypothesized that the number of providers who applied a strategic pricing policy after its culmination in 2010 was higher than in 2008 (shortly before the onset of the crisis). The conclusions derived are then transferred to the period of the 2020 coronavirus economic recession under the assumption of the same analogical characteristics of both periods. The paper does not speculate – its purpose is to present a thorough and complex analysis of the situation by employing a wide range of statistical instruments, thereby attaining results of a very high level of statistical reliability. The study has the potential to be a valuable contribution to the literature in its respective field, especially during global anti-Covid measures, which makes the theme of strengthening competitive positions of logistics service providers very topical.

scholarly journals IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGIES ON MOTIVATION IN TOURISM

2019 ◽  
Vol 34 (1) ◽  
pp. 215-220
Author(s):  
Jasmina Risteska
Keyword(s):  
Information And Communication Technologies ◽  
Cultural Awareness ◽  
Communication Technologies ◽  
The Other ◽  
Internet Technology ◽  
Added Value ◽  
Spatial Distance ◽  
Primary Role ◽  
Continuous Increase ◽  
Information And Communication

The accelerated dynamic development of information and communication technologies has led to significant changes in the functioning of the tourist sector and in the behavior of the tourists themselves. Modern technologies have imposed a new pace of operation of tourist subjects that with easier and closer access to end consumers and will offer a unique and new tourism product. Today tourists have the opportunity before the trip to get informed and get acquainted with distant and exotic tourist destinations, the way of reservation, travel, etc., which are of great interest. Internet technology has contributed to drastic changes in the notions of spatial distance and thus created a totally different mode of communication that is very different and superior to all that has ever been. With the development of new modern communications and technologies the interconnections between travel, the other economic sectors and society as a whole have become far more integrated. The tourism value is perceived by linking entities inside and outside the tourism sector in various combinations to create and exploit new opportunities. Tourists have a primary role in using social networking sites and mobile media in search of travel information and product purchases. In recent decades, the number of tourist trips has increased significantly as a result of the growing supply of tourist products and services. The important role of motivation in tourism is seen in the continuous increase in the number of tourist trips which on the other hand are very important for future development and places to visit. The added value to be extracted from tourism incentives driven by tourism motives lies in innovation, positioning, cultural links, international trade and exchange, social support, education, learning support for local communities, and so on. The application of social networks and technologies as smart phones have proven to be powerful tools in these efforts, as well as the desire to participate, the capacity to face challenges. Seeking new, unique experiences means trying new ways of living, eating and sleeping, discovering unfamiliar cultures or joining other people en masse at major events. This desire to gather, share intense experiences and learn creates the conditions for tourists to develop tolerance, cultural awareness and a better understanding of international relations.

Methods of Measuring the Added Value of Facility Management for Generating Competitive Advantages

2021 ◽  
Author(s):  
Christian Schlicht
Keyword(s):  
Corporate Strategy ◽  
Decisive Role ◽  
Facility Management ◽  
Added Value ◽  
Customer Journey ◽  
Stakeholder Perspectives ◽  
Shopping Experience ◽  
The Individual ◽  
Value Model ◽  
Operational Excellence

The example of a tangible shopping experience clearly demonstrates that a customer journey in terms of operational excellence is closely related to modern Facility Management activities. FM takes over a decisive role when it comes to creating future marketplaces. The Added Value Model is supportive through the identification of actual AVs by integrating various stakeholder perspectives. Insights related to all stakeholders’ demands and the subordinate corporate strategy are essential in terms of identifying the individual needs that sustainably influence the customer journey. This study assists in generating additional important insights regarding the method of measuring the AV of FM as a competitive advantage and knowledge-generating tool for corporates.

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