In this case, the company will compare recent quotations for similar solar items that are

accessible to the general public and whose prices are in a price list. As such, it will be important

for the company to account for normal industry discounts for the products.

ii. Comparison of Prior Prices Paid

The company will have to collect data concerning SolarCal’s prior prices paid to find trends as

well as patterns in competitor action. Superstar Solar, Inc. will access information regarding the

off-season discount schedule and the solar products they discount the most.

iii. Competitive Bids Comparison

In this situation, the firm will publish a kind of solicitation, often known as a request for

proposal, outlining the solar items they are looking for interest from the government and other

suppliers to deliver.

The comparison of competitor bids is the best alternative for both SolarCal and Superstar Solar,

Inc.'s pricing analysis strategy. This is because it will enable the buyers to deal with
businesses

that have a track record of success and will assist them in obtaining the best pricing and contract

conditions for the proposals (Jakowski & Czarnigowska, 2019). With this strategy, both
SolarCal

and Superstar Solar, Inc. will be able to carry out proposals at a pace that suits them. As a result,

it enables businesses to save money that could have been spent on locating new customers for

their solar goods.