3.3.2 strategies price:
valuation, strategic options on price when competing on the international market is not an easy thing. When competing internationally, each country each country has unique differences inherent in the system of legal, policy, value for money, the rate of inflation ... cause the pricing very difficult. If the appraiser does not consider and choose will very much time can be sued is dumping, tax evasion, were competitors price defeated his own right given.
So Ford Motor has raised prices for all kinds of products, global pricing strategy and transformation in each locality?
a. Frame rates for the types of products of Ford:
At the parent company in North America, the Ford Motor Company has shown the kind of product in the Ford brand in the frame of the cover is from $ 15,520-$ 45,000. Specific product prices as shown next.
Through fact learn, the research team found a starting price of Ford brand vehicles are to the competitive prices relative to our competitors in the industry such as Toyota (12,205-64,755), Honda (15,305-34,995), GM, and the Chinese car brand to the customer segment groups have moderate incomes.
b. pricing strategy of Ford Motor.
The strategic marketing Philip Kotler has given three choices for a company active on the global market are:
• valuation uniformity everywhere
• pricing by market in each country
• pricing based on costs for each country.
Ford's pricing strategy is clearly shown their overall Marketing strategy. With a uniform rate everywhere will not be a wise strategy of Ford. Ford chose for themselves opportune access by local their pricing strategy is clearly shown. Ford Motor Company has selected strategy based on costs for each country and the costs for each customer's requirements.
all 4 major brand vehicles, Ford has a starting price of unification on the website of each type. Final prices that customers bought will be adjusted depending on the region, According to the venue and the value requires more of your customers. In the typical website is Mercury.com site with vehicles. This type of car's starting price is $ 21,180 but when going into the site, find out deep into the purchase of this product, the customer will see orders for manufacturing products according to requirements. If a car starts normal Milan $ 21,180 but when choose Hybrid technology, the starting price has moved up $ 31,235. the price of a Corporation in the US will obviously differ from a Milan sold in Mexico or Kuwait, Middle East due to influences from transport costs, tariffs, environmental taxes ... of a Milan sale luxury in Mexico to about $ 317,200.
cars Ford S-Max 2.3 types of popular family car in Singapor sold from SGD 92,777-SGD $ 81,836 $ 64,344 news 118,000 (1 Singapore dollar = 0.693529 U.S. dollars) but the price of car Ford S-Max 2.3 in the u.s. about $ 20,191 and Uk is around $ 30,520 (GBD19.195).
in a similar way as for the Ford brands, trademarks serve an average income, quite of Ford Motor Corporation. The price of these vehicles will be different when it is sold on the market.
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