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040 _aUniversity of Cebu-Banilad
_cUniversity of Cebu-Banilad
100 _aLlego, Kylene Kaye G.,
_eauthor.
245 _aPricing practices of thrift shops in Cebu City /
_cKylene Kaye G. Llego, Yvette A. Savellano, Glea P. Fornolles, Jean H. Redoble, and Krisziel Cydel F. Bayonla.
260 _aCebu City, Philippines :
_bUniversity of Cebu-Banilad,
_cc2025.
300 _axii, 139 pages :
_bcolored illustrations ;
_c11 cm.
336 _2rdacontent
_atext
337 _2rdamedia
_aunmediated
338 _2rdacarrier
_avolume
504 _aIncludes bibliographical references.
520 _a"Pricing is a critical aspect of any business, as it directly affects customer perception, purchasing decisions, and overall profitability. Setting the right price requires balancing affordability with the need to cover costs and generate sustainable revenue. In thrift shops, effective pricing is especially important because these stores aim to offer value-based, and low-cost clothing options while remaining financially viable. These shops often employ different pricing methods such as cost-based, competition-based pricing or a combination of the methods. By doing so, thrift stores can attract a diverse customer base, maintain competitive positioning, and support their mission of providing affordable goods without compromising profitability. customer This study utilized a quantitative descriptive research design in determining the pricing practices of the thrift shops in Cebu City. To collect relevant data, the researchers surveyed thirty (30) thrift shop owners or managers using a researcher-made questionnaire. The data gathered was then treated through frequency count and simple percentage to analyze the profile of the respondents in terms of location, primary productoffering, years of operation, and average sales per month. Weighted mean was used to determine the respondents' pricing practices and One-way analysis of variance for determining the significant difference between the pricing practices of thrift shops when grouped according to profile. This study incorporated the ethical principles of beneficence by offering thrift shop owners a pricing strategy to enhance profitability. non-maleficence by ensuring participants physical and emotional readiness through orientation, justice by maintaining fair and unbiased respondent selection, and autonomy by providing clear explanations to secure informed and voluntary consent. Most of the thrift shops in Cebu City are located in public markets and primarily offer clothes. The majority have been operating for 1 to 5 years and report average monthly sales below Php 100,000.00. Moreover, the pricing practices of thrift shops reveal that cost-based pricing method is highly practiced, with most shops focusing on covering all costs to ensure profitability while customer value-based pricing method and competition-based pricing method is moderately practiced. Furthermore, there is no significant difference between the pricing practices of thrift shops when grouped according to profile. Additionally, the study showed that thrift shops predominantly use a cost-based pricing method, which involves calculating all costs, applying a markup, and determining the break-even point. Therefore, it can be concluded that thrift shops in Cebu City predominantly rely on cost-based pricing methods regardless of their location. product offerings, years of operation, or average monthly sales, as variations in their profiles do not result in significant differences in the pricing methods they practice. To enhance profitability and competitiveness, thrift shops should adopt and implement the proposed pricing strategy framework." --Abstract
521 _aAdult
541 _xBiore, Christopher
_yCollege of Business and Accountancy
_zAccountancy
546 _aText in English
650 _aPricing.
650 _aThrift shops.
650 _aPricing practices.
650 _aPricing strategy framework.
650 _aDescriptive research
_zCebu City, Philippines.
700 _aSabellano, Yvette A.,
_eauthor.
700 _aFornolles, Glea P.,
_eauthor.
700 _aRedoble, Jean H.,
_eauthor.
700 _aBayonla, Krisziel Cydel F.,
_eauthor.
942 _2ddc
_cTHE
998 _cLeslie [new]
_d10/24/2025
999 _c14565
_d14565