Basing Point Pricing System - Explained
What is a Basing Point Pricing System?
Written by Jason Gordon
Updated at March 11th, 2022
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
-
Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
- Courses
What is a Basing Point Pricing System?
Basing point pricing, or base point pricing, refers to a pricing system whereby a company ensures its prices are determined by two components - a base price for the product and freight cost from product shipping.
Usually, the basing point and the manufacturing point are at the same location, and the distance of the customer or delivery location from that point determines the charge for shipping.
Back to: STRATEGY, ENTREPRENEURSHIP, & INNOVATION