Factors affecting price The decision on the company's price is affected by intrinsic factors of the company as well as external market factors: The intrinsic factors of the company include: -Target Marketing: internal goals, maximize profit target, target, target market is part of the national product quality and other goals. -Operational Marketing methods. -The role, the ability of the company on the market. -Costs (fixed costs, variable costs) the price of the product The factors outside of the company: -Market and demand (market pressure, the feel of the hotel on price, price relations, supply and demand, elasticity of demand by price). -The price of popularity on the market. -The prices of competitors.
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