pricing strategy of tribune
TRANSCRIPT
8/9/2019 Pricing Strategy of Tribune
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Assignment
of
MARKETING
MANAGEMENT
ON
Pricing Strategy
of
“The
Tribune”
SUBMITTED T0:
SUBMITTED BY:
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ABOUT THE TRIBUNE
The Tribune, now published from
Chandigarh, started publication on Feburary2, 1881, in Lahore. It was started by Sardar
Dyal Singh Majithia and is run by a trust
comprising five eminent persons as
trustees.
The Tribune, the largest selling daily inNorth India, publishes news and views
without any bias or prejudice of any kind. It
is an independent newspaper in the real
sense of the term. The English edition apart,
the 128 – year –old Tribune has two sister
publications, Punjabi Tribune ( in Punjabi)and Dainik Tribune (in hindi).
Pricing Strategy of the Tribune
1.Pricing objective of Tribune
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The tribune adopted its pricing strategy in such a
way to as to achieve its objective of maximum
current profit.
The tribune (North India) offered to customer at a
price of Rs. 3/- whereas The Indian Express and
other national dailies charge Rs.2/- from the
customers. It is also considered as the newspaper
which is easily understandable by a layman. So
the company is following maximum current
profits policy and is ignoring competitor pricing
policies.
Classified advertisements are published in the
Online Edition of The Tribune as well as the print
editions of The Tribune, Punjabi Tribune and
Dainik Tribune. Classified advertisements
(Matrimonial, property, jobs, etc.) are published
in the print edition of The Tribune @ Rs 600.00
per insertion upto 50 words and Rs. 1200.00
from 51 to 100 words. If an advt. matter
exceeds 100 words limit, it will be chargeable @
Rs. 355 per sq. cm. Advertisements to bepublished in our language papers — Dainik
Tribune (Hindi) and Punjabi Tribune (Punjabi)
along with The Tribune will be charged @ Rs
125.00 (for one language paper) and Rs 200.00
(for both language papers). An additional sum of
Rs 150 is to be paid if an advertisement is to be
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The Hindu
It has priced its product relatively higher to
others and followed the policy of market
skimming as it is perceived as better in terms of
quality and content .It has reader group which
consists mostly of professional people and
educational institutions.
Bibliography
Websites
http://www.tribuneindia.com/2008/tribune.htm
http://www.modpub.com/Classified.htm
Book
Marketing Management by Kotler Keller Jha
Koshy
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