Factors Affecting Pricing (KPM-Grade12)

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Welcome to our Grade 12 Marketing lesson on "Factors Affecting Pricing"! In this video, we'll delve into the multitude of factors that influence pricing decisions in the dynamic world of marketing. We explore the intricate interplay between internal and external factors such as costs, competition, demand and supply dynamics, legal and regulatory considerations, and consumer perceptions. We will gain a deeper understanding of how these factors shape pricing strategies and outcomes for businesses across various industries.

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