Pricing Options for Multiple Quality Types of Products

Companies use different existing products or services to create probabilistic goods. When consumers purchase goods, they calculate their net utility based on the price of the product and thus determine their purchase behaviour. We propose a model related to opaque sales, through which we can determine the optimal price of multiple products and calculate the average profit of the firm and the average net utility of the consumer. Based on the above model, we also present a condition that allows the company to profit from all products when the consumer evaluation presents a particular distribution. This model can be used to help enterprises develop the optimal pricing strategy of products to achieve the desired profit.