Being at the premium end is a category upon itself. Describe the indicators of premiumness or high quality and high price that can apply to most types of products.
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Q: Describe the indicators of Premiumness or high price that can apply to most type of products
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Being at the premium end is a category upon itself.
Describe the indicators of premiumness or high quality and
high price that can apply to most types of products.
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- Being at the premium end is category upon itself. Describe the indicator of premiumness or high quality and high price that can apply to most types of productswhich is more important price or quality?1. Being at the premium end is a category upon itself. Describe the indicators of premiumness or high quality and high price that can apply to most types of products?
- Trade discounts for televisions that have list price of $250.00 are 15%, 10% and 8%. Find the billed cost for the television.Explain how a brand of a commonly purchased consumer packaged goods such as toilet tissue, could be skim-priced.List the general approaches to pricing. Select examples of products that you regularly use. i. Notice the price of each of these items For each item, ii. State the main benefits you are looking for in using the product. iii. Does the price communicate the total benefits sought? iv. Does the product’s price suggest good value? v. Do you think the manufacturer or retailer is overcharging or undercharging consumers for the product?
- Explain how a brand of a commonly purchased consumer packaged goods, such as toilet tissue, could be skim-priced? A service provider has decided to charge his customers P5, 000 for every upholstery cleaning service. The customer thinks that it is a steal , since the service provider is doing a great job and thinks that it could have costed them at least P7, 000 had they agreed to the first service provider that they went to. The total cost to the provider is P2, 000 which include the cleaning materials and labor. Identify the ceiling price and floor price of the service. Should the service provider decide to increase his price to P6, 500, do you think it is still acceptable to the customer? Why? Give an example of a situation where a price that is low with respect to the product’s VTC would not serve as an incentive to buy. What would be the implications of this for the use of a penetration strategy for pricing his product? RESEARCH: What is a pioneer advantage? Describe…Insights about "Good pricing involves finding a balance between the customer's desire to obtain good value, and the company's need to cover costs and earn profits"The cost to produce the shake is relatively low, with total manufacturing costs running about $0.05 per ounce. Each shake is eight ounces. What pricing strategy do you recommend for this product?
- All of these are examples of pricing objectives except which? Multiple Choice social responsibility market share unit sales product obsolescence survivalWeek after week, consumers shop for many of the same groceries. At some point, the product may be priced the same and look the same as before but with less in the package. If consumers are not made aware of the change, is this deception? Is this different from deceptive pricing? Explain.What is meant by product-line pricing?