Pablo Escobar (R) in Congress In 1982 Escobar was for a brief period elected to the house of representatives of Colombiaâs Congress.
Grid Pricing versus. Formula Pricing. aGrid pricing involves using a premium-discount grid. with some method of establishing the base price. aFormula pricing typically refers to the method of. finding the base price in a premium-discount grid. aFormula pricing uses another price as a reference. price.
Leader pricing is a common pricing strategy used by retailers to attract customers. It involves setting lower price points and reducing typical profit margins to introduce brands or stimulate interest in the business as a whole or a particular product line. Products sold in this strategy are often sold at a loss. Such products are referred to as loss leaders.