Price: price is offered to match the on the cost of the customer like how much they will pay for it and it is also made to match the competitive prices on how much they increase or decrease to get more customer buying their product . Price is one of the most important factor for the customer because they buying two identical they would more likely want to buy the cheaper one offering such as buy one get one free might be offered to attract more customer on their side. The price of the product is not only the factor based to attract more customer things such like brand, quality and service offered might affect the buying and sales of product.
List Price
Discounts
Credit Terms
Inclusive/Not
Remoteness
Price is and important factor for the first direct although first direct doesnt have a phyical product itself they do not have list pricing,discount,remotenes but they try to sell their product throuh service,special offer like they offer more less amount of interests bank than any other banking busines, they offer good credit terms such as they offer more morage rates for more longer peroid of time, they give out loans etc which makes them more competetive than any other business.in first direct you have to have a salary of at least 1500 pound a month if not they charge you a £10 a month to keep on with the bank there is also a charge of 12.19% if you have over drafted more money from the bank other competive business such as lyods charge you about

£20 a month and achrge of £6 a days which to me seems first direct is lot better in comparision of prices to lloyds.

Comments

[ebitnow.com]

Do they charge to bank with them? Do you have to have a certain salary? If so, how does it compare to 2 or 3 other banks?

[ebitnow.com]

PRINT!