Consistent pricing process
What isconsistent pricing process?
Consistent pricing process (CPP) is a pricing methodology that refers to goods that should have the same price in any market. Such prices are commonly referred to as being “frictionless”.
Where have you heard aboutconsistent pricing process?
Consistent pricing process isn’t a term most people will be familiar with, however as an investor you may have heard it mentioned in conjunction with a frictionless market. In a frictionless market, goods are sold without transaction costs making the prices relatively consistent.
What you need to know aboutconsistent pricing process.
While consistent pricing process in evident to a certain degree in frictionless markets, whenever goods are sold internationally they are subject to local tax implications and commissions that can cause the final price to vary.