Saturday, October 15, 2011

Tourism Pricing

                   


                                              Toorism Pricing
  
Price                                                                                                                                          All organization either profit organization or non profit organization must be able to sales their offer.An orgsnization survive only if their offer is accepted by people.sales is the delivery oe organization's offer to the receiver.An organization offers products or service to exchange to survive.Nothing happens until a sales is made.Non profit organization exchange for service but profit oriented organization offer exchange for income.It is only sales which generates income to the business orgsnization.The value fixed for exchange is price.                                                                              
        Price is the value of goods and service.According to kotler,"price is the amount of money charged for a goods and services.More boardly,price is the sum of the valueshaving or using the product service."  Price maens cost to the costumer.It includestheir sacrifice,effort or money.Acceptance of the exchange values is purchase.Purchase is the acceptance of the offering by the costumer.Purchase is the transfer of ownership.On the otherhand price is the source of revenue,attainment of the objective to the seller.Sales is the ultimate source of profit,life-blood which finallycirculate into different department of organization.Price determines the profit and loss.A pricing mistake can lead to a business failure,even when all other elements of the business are sound.
Prise can be anything withperceived value not just money.Price has various names and meanings:
Interest -                 Paid for the use of money such as bank charge
Traiff    -                 price paid to receive service such as import traiff,hotel traiff,air It is also
                                related to government tax.
Rent       -                 paid for the use of the facility,equipment such as house rent furtinure rent land and building etc
Commission  -          price discount paid for service such as sales commission broker's commission.etc.
Fare              -           cost of transportation such as airfare,railfare bus fare etc.
wages and salary -   paid for service of workers
Taxes                   -    price paid for priviliege such as income tax import tax
Fee                      -     paid for the service of professional as tution fee,consultancy fee,etc.











 

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