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Q: How value based pricing strategy effects profit maximizaiton
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Q: HOW WOULD THIS MARKETING CONCEPTS AFFECTS THE PRICING STRATEGY OF THE COMPANY?
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Q: Can you tell me more about Buyer-oriented pricing strategy?
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A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…
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Q: example of each of the major categories of pricing objectives.
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Q: what pricing recommendation would you make to the CEO?
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A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve the first…
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A: Pricing strategies refer to the marketing strategy which is used to determine the prices of products…
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A: The unethical issues of Marketing in Pricing are:
Q: The three major influences on pricing decisions are: costs, competitors, and customers. TRUE FALSE
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Q: Discuss the three shortcomings of usingbreakeven analysis in pricing decisions.
A: Break-even analysis is a useful and popular tool for a wide range of businesses, including…
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Q: in terms of marketing how would you identify and discuss the important internal and external factors…
A: All for-profit businesses, as well as several non-profits, ought to so establish costs for his or…
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Solved in 4 steps
- What are the five major categories of pricing strategies? Give at least two examples of specific strategies that fall into each category.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?Create a poem that contains the information about the factors affecting pricing decisions (4-5) stanza
- Write about the importance of pricing in marketing?List and briefly explain what internal factors companies must consider for pricing decisions. How important are these, in your opinion?in terms of marketing how would you identify and discuss the important internal and external factors affecting a business’s pricing decision. Use examples to illustrate your answer
- Which pricing objectives will you use for your product? Consider the product life cycle, competition, and product positioning for your target market during your discussion. PlayStationHow can pricing be used as a tool for market segmentation and targeting?Why do marketers use this ‘just-below’ pricing tactic?