Price analysis
From Wikipedia, the free encyclopedia
Marketing
Business
In general business, price analysis is the process of evaluating a proposed price independent of cost and profit.[1][2] Price analysis began in 1939 when economist Andrew Court decided to analyze prices to better understand the environmental factors that influence this practice.[3] Price analysis is dependent on the characteristics of the marketing system in place within a certain country.[4] In developing countries researchers use it to help better understand data.[5]
Other
The term may refer to converting a price to a unit price, e.g., per unit of area.
