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Describe the various pricing strategies that companies can employ in their marketing efforts.
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- What are the various pricing techniques that a company may use to alter market patterns?HOW WOULD THIS MARKETING CONCEPTS AFFECTS THE PRICING STRATEGY OF THE COMPANY?Discuss, How do businesses develop pricing strategies and tactics within their marketing plan to maximize profitability and competitiveness?
- Critically assess the effect of different Pricing Strategies on the Demand and Purchase of Consumer Goods on the local market.Write about the importance of pricing in marketing?Discuss three factors that affect pricing decisions for marketers (Value-Based Pricing, Cost-Based Pricing, and Competition-Based Pricing).