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IQ QUIZ#

92

CATEGORY

Finance

Which pricing strategy helps most in winning long-term contracts for CNC machine shops?

A
Cost-Plus (% mark up)
B
Value-Based
C

Competitive

D

Penetration (low initial price)

Which pricing strategy helps most in winning long-term contracts for CNC machine shops?
B
Value-Based is the best pricing strategy for winning long-term contracts for CNC machine shops.
WHY
By pricing based on the real value you bring (quality, on-time delivery, engineering support), you build trust and show customers you’re more than just another vendor. This approach keeps margins healthy while locking in relationships that often turn into repeat contracts.
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