Creative Homework/Short Project Assume that you have been hired as the assistant manager of a local store that sells fresh fruits and vegetables. As you look over the store, you notice that there are two different displays of tomatoes. In one display, the tomatoes are priced at $2.39 per pound, and in the other, the to- matoes are priced at $1.69 per pound. The tomatoes look very much alike. You notice that many people are buying the $2.39 tomatoes. Write a report explaining what is happening and give your recommendations for the store's pricing strategy.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Creative Homework/Short Project Assume that you
have been hired as the assistant manager of a local
store that sells fresh fruits and vegetables. As you look
over the store, you notice that there are two different
displays of tomatoes. In one display, the tomatoes are
priced at $2.39 per pound, and in the other, the to-
matoes are priced at $1.69 per pound. The tomatoes
look very much alike. You notice that many people are
buying the $2.39 tomatoes. Write a report explaining
what is happening and give your recommendations for
the store's pricing strategy.
Transcribed Image Text:Creative Homework/Short Project Assume that you have been hired as the assistant manager of a local store that sells fresh fruits and vegetables. As you look over the store, you notice that there are two different displays of tomatoes. In one display, the tomatoes are priced at $2.39 per pound, and in the other, the to- matoes are priced at $1.69 per pound. The tomatoes look very much alike. You notice that many people are buying the $2.39 tomatoes. Write a report explaining what is happening and give your recommendations for the store's pricing strategy.
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