Jackery Explorer 1000 Portable Power Station (Check out images for product) 1a) Refer to the Using the Diffusion of Innovation Theory in the textbook. Which one of the four factors that affect new product adoption would most likely impact adoption of the Jackery Explorer 1000? (Highlight one answer) Relative Advantage Compatibility Observability Complexity and Trialability Explain your answer (how and why?): 1b) Consider the following situation: Jackery sends an email to its internal sales staff and account managers. Due to mediocre sales of Jackery’s Explorer 1000 product, the email encourages sales employees to renegotiate wholesale pricing with their retail partners before the Summer season. Which one pricing orientation is the company engaging in? (Highlight one answer) Profit-oriented Sales-oriented Competitor-oriented Customer-oriented Explain your answer: 1c) You visit your local REI and see a point of purchase display announcing New Jackery 500 Portable Power Station. It is located right next to the Goal Zero Yeti 500X, a competing product. The Jackery product is on sale for $449 (normally $499) and the Goal Zero product is full price at $699. Which one pricing strategy is Jackery most using in this example? (Highlight one answer) Everyday Low Pricing High/Low Pricing Penetration Pricing Price Skimming
Jackery Explorer 1000 Portable Power Station (Check out images for product)
1a) Refer to the Using the Diffusion of Innovation Theory in the textbook. Which one of the four factors that affect new product adoption would most likely impact adoption of the Jackery Explorer 1000? (Highlight one answer)
- Relative Advantage
- Compatibility
- Observability
- Complexity and Trialability
Explain your answer (how and why?):
1b) Consider the following situation: Jackery sends an email to its internal sales staff and account managers. Due to mediocre sales of Jackery’s Explorer 1000 product, the email encourages sales employees to renegotiate wholesale pricing with their retail partners before the Summer season. Which one pricing orientation is the company engaging in? (Highlight one answer)
- Profit-oriented
- Sales-oriented
- Competitor-oriented
- Customer-oriented
Explain your answer:
1c) You visit your local REI and see a point of purchase display announcing New Jackery 500 Portable Power Station. It is located right next to the Goal Zero Yeti 500X, a competing product. The Jackery product is on sale for $449 (normally $499) and the Goal Zero product is full price at $699. Which one pricing strategy is Jackery most using in this example? (Highlight one answer)
- Everyday Low Pricing
- High/Low Pricing
- Penetration Pricing
- Price Skimming
Explain your answer:
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