Pricing Policy
Pricing Policy for Patil Biotech Pvt. Ltd.
1. Objective
- To provide high-quality agro-inputs to Indian farmers at fair and competitive prices, ensuring accessibility and affordability.
- To maintain transparency and clarity in pricing, fostering trust and long-term relationships with our customers.
- To ensure sustainable growth and profitability for Patil Biotech Pvt. Ltd. while actively contributing to the development of the agricultural sector in India.
2. Guiding Principles
- Fairness & Accessibility: Set prices that are reasonable and just, considering the economic realities of Indian farmers and promoting inclusivity.
- Transparency: Maintain open and honest communication about pricing, ensuring customers have a clear understanding of all costs involved.
- Competitiveness: Strive to offer competitive prices compared to other agro-input companies in the market, without compromising on product quality and service standards.
- Social Responsibility: Prioritize the needs of small and marginal farmers, ensuring our products remain within their reach.
- Compliance: Adhere to all applicable laws and regulations, including consumer protection laws, competition laws, and tax laws.
3. Pricing Structure
- All-Inclusive Pricing: Prices displayed on our website are final and inclusive of all applicable taxes, providing clarity and avoiding hidden costs.
- Free Shipping: Orders above Rs. 899/- are eligible for free shipping, reducing the financial burden on farmers, particularly those in remote areas.
- Nominal Shipping Fee: A nominal shipping fee of Rs. 50/- is applied to orders below Rs. 899/-, ensuring cost recovery while maintaining affordability.
4. Pricing Factors
- Production Costs: Include costs of raw materials, manufacturing, packaging, and quality control.
- Distribution and Logistics Costs: Consider transportation, warehousing, and handling costs, especially given the pan-India reach.
- Market Conditions: Evaluate the demand and supply dynamics, competitor pricing, and economic factors impacting the agricultural sector.
- Value Proposition: Consider the unique benefits and value offered by Patil Biotech products in terms of yield improvement, crop protection, etc.
- Government Policies & Subsidies: Factor in any relevant government policies, subsidies, or price controls that may impact pricing decisions.
5. Price Revision
- Regular Review: Conduct periodic price reviews to ensure they remain fair, competitive, and reflect changes in costs and market conditions.
- Transparent Communication: Clearly communicate any price adjustments to customers well in advance, explaining the rationale behind the changes.
6. Additional Considerations
- Discounts and Promotions: Explore seasonal discounts, bulk discounts, or loyalty programs to further benefit farmers while maintaining profitability.
- Farmer Outreach and Education: Invest in initiatives that educate farmers about the value and proper usage of our products, enabling them to make informed decisions.
7. Commitment
Patil Biotech Pvt. Ltd. is dedicated to upholding fair pricing practices, ensuring accessibility and affordability for Indian farmers. We strive to build a sustainable and equitable agricultural ecosystem where farmers thrive and prosper.
Disclaimer:
This Pricing Policy is subject to periodic review and may be revised as needed to align with changing market dynamics and regulatory requirements.