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What is the most common method of 'Pricing' method used by UAE/GCC/Middle East Companies? Please refer below

Is it..

 

(A) Cost Plus Pricing

(B) Mark Up Pricing

(C) Profit Plus Pricing

(D)Other - Please specify

 

:-)

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Question added by Sidvin Shetty , Trade Marketing Executive , Al Khayyat Investments
Date Posted: 2015/01/24
Muhammad Adeel
by Muhammad Adeel , Sales And Marketing Executive , TANZEEM HEAVY EQUIPMENT RENTAL LLC

Mostly I think Cost Plus Pricing is used in GCC. However, I also agreed with Mr. Venkitaraman views.

 

(A) Cost Plus Pricing

 

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

For different products different type of of pricing strategies as else where, definitely cost plus basis is more practical there, because most of the items are imported ones and the establishment expenses also a little bit high which cannot be controlled easily.  It also practice promotional pricing, as sales promotions play a vital role to improve turnover and also to attract mass customers.

zafar abbas minhas
by zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

I WILL VOTE MR.KRISHNA ,S ANSWER.....................

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

I don't know because I have not worked in Middle East.

Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

I will go with the answers of Experts

Ibrahim Hussein Mayaleh
by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed

I believe the most common one is the Cost-Plus pricing policy

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

A.

Wolf Klaas Kinsbergen
by Wolf Klaas Kinsbergen , Managing Director, Designer , ingenieursbureau KB International NV

I have lived on the Dutch Antilles for years, small islands but not very different, because most of the things are imported also. There they use Cost Plus Pricing, and sometimes profit Plus Pricing

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

I see it more of a keystone.

Keystone pricing is a method of marking merchandise for resell to an amount that is double the wholesale price.

Saiful Islam Hiron
by Saiful Islam Hiron , Site HR Manager , Handicap International

Cost basis pricing...

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