What does bottom-up pricing mean?

bottom-up pricing meaning in Law Dictionary

The top-down trader begins their analysis with worldwide economics, including both worldwide and national economic signs, eg GDP development prices, inflation, interest rates, trade prices, productivity, and power costs. He narrows their search down seriously to regional/industry evaluation of total sales, price levels, the effects of competing services and products, international competitors, and entry or exit from industry. Just he then narrows his search to your best company for the reason that location.

bottom-up pricing meaning in Business Dictionary

Method in which, in comparison to top-down rates the prices process starts utilizing the desired profit to which all direct and indirect expenses tend to be included with calculate a selling price.