Verðlagning
Verðlagning is the Icelandic term for pricing or valuation, referring to the process of determining appropriate prices for goods, services, or assets. It is a fundamental business practice that involves analyzing multiple factors to establish optimal pricing structures. Effective pricing strategies consider production costs, market demand, competition, and perceived value to customers.
In business contexts, proper pricing is essential for profitability, market positioning, and long-term sustainability. Companies employ
The concept applies across multiple sectors including retail, manufacturing, services, and real estate. In Iceland and