reply to my classmate assignments and say that I agree with her very shorter comment "DQ1 - Seller Pricing Strategies: A Buyer's Perspective Fixed-rate contracts with the rule of thumb pricing are middle of the road between cost-plus pricing and demand pricing and it is safer because you can either follow the leader and price your product or service close to what your competitor chooses to go with, or you can calculate direct cost and labor and add margin for profit. I would probably have to agree that many companies would choose the path that is the easiest. As the article pointed out it can be time-consuming to figure out what may be the best pricing strategy to go with. However, I do believe that if there was a good amount of cost incurred in developing the product then it would be worth the effort to use the buy-in or skimming pricing strategy. You charge a higher price if the demand is present in the market and then lower the price over time so that you can recoup some if not all the initial costs of creating the product. At the same time if you price the product too