Q1. Telecommunication market in Singapore, comparing each film (Singtel vs M1 vs Starhub vs others): With the comparison above present the latest pricing information that identifies at least two pricing strategies (second- degree discrimination, third-degree price discrimination, versioning, bundling, tying)
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Q1. Telecommunication market in Singapore, comparing each film (Singtel vs M1 vs Starhub vs others):
With the comparison above present the latest pricing information that identifies at least two pricing strategies (second- degree discrimination, third-degree
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Solved in 3 steps
- Multiple choice: 1.when a company sets a price for the first time because of: A. Acquires new products, goods or services from an existing company locally or abroad B. Cost and competitors prices C. Maintain old price of a while to gain a strong foothold in a market D. Due to inflation and peso devaluation 2. Key pricing decisions except: A. Merchandise or gift B. Product sample C. An experience D. Price incentivesne 4 approaches of general pricing and differentiate each one of them. 2. Which pricing method (cost, demand/supply, competition, profit-based) would you recommend for the following items being sold in other countries? Select only one product and describe your pricing strategies in a form of a list. - Tennis balls by a manufacturer in the Philippines - Retail store to open with 20,000 sku (stock-keeping units) in Luxembourg - Cell phone services in Chile - Solar panels in CanadaCurrent Marketing Mix (4Ps) for WALMART Pricing Strategy How is your product or service priced today? Consider: · How does this compare to competitors? · How sensitive are your customers to changes in price? Place: Distribution Strategy What is your current distribution strategy? Consider: · How does the product get to market? · What intermediaries are involved in the distribution network?
- 5. There are four different approaches to setting an approximate price level for a product. Identify theone likely selected for STEM Player when it launched. Briefly explain your choice using appropriateterminology and facts from the case. Approach ExplanationQ3) Pricing in practice are influenced by the following, except a. customer demand b. competitor's action c. predatory pricing d. discretionary pricingPricing strategies are often carried out by companies in the industry to maintain their presence in the industry, especially for companies that have market power. a. What is meant by “Limit Pricing” and “Predatory Pricing”, are the two strategies different, explain the difference if any? b. The "Chain Store Paradox" generally occurs in which price strategy from the possible strategies in question a, explains the paradox?
- Question 11 Describe the following pricing strategies and give an example each: a) Two-part pricing b) Peak-Load pricing c) Commodity bundling d) Block pricing e) VersioningWhat should be the best pricing strategy (business level) for education/edible oil sector. Explain elaborately.Mr. Peter is operating a store in Sharjah. He has two types of apparels targeting two types of consumer segments. One type of the products is for the high-income consumer segments and the other one is for the low-income consumers. question:- Suggest an appropriate pricing strategy under the new product pricing for both these segments and justify your recommendation by evaluating two features of each pricing strategy
- a) Identify and describe this mobile phone’s (any mobile phone) pricing objective (pricing objective has 6 elements including Survival, Maximum current profit, Maximum market share, Maximum market skimming, Product-quality leadership, and other objectives). b) Identify two places (e.g., online stores, telecommunication companies, etc.) where this phone can be purchased. Compare their offers (price, package, trade-in option, payment plan, etc.) and explain in detail why this phone.(maximum 300 words)3. Imagine you have started a retail store that sells high end luxury watches throughout the UAE to wealthy consumers. Outline and justify a pricing strategy you might use.Q: Write the methods for determining pricing of new products?