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Business Jargons A Business Encyclopedia. Going-Rate Pricing. Definition: The Going-Rate Pricing is a method adopted by the firms wherein the product is priced as per the rates prevailing in the market especially on par with the competitors.
What is Demand Based Pricing? Demand based pricing is a particular pricing approach used in the valuation of many types of goods for the purpose of commerce. From television sets to the latest computer software, this type of pricing method can be seen in many places. Letâs take a closer look at exactly how this pricing concept works.