Commerce Glossary

A comprehensive resource to help you master the language of commerce.
What commerce term are you interested in?
Search Results for ""...

What is Cost-Based Pricing?

cost based pric-ing.
noun
Is a pricing method that involves setting up product prices based on the costs of production, distribution, and selling price. It is one of several techniques of building prices, including competition-based and value-based pricing.

Want to read more on this topic? Check out our related resources:

Simplify the eCommerce process. Try 2Checkout.
The most flexible digital commerce platform that can give your business a real boost.