What is Apples pricing strategy for thier IPHONE16 (e.g., market skimming, market penetration, or price adaptation)? Is this strategy the most viable? Does the pricing strategy reflect the value? If so, explain the value that you perceive, and if not, explain why you think the pricing does not reflect the value. Which potential buyers are likely to be motivated by or dissuaded by Apples pricing for the IPHONE16 and why? Would another pricing strategy capture more market share? Why or why not?

What is Apples pricing strategy for thier IPHONE16 (e.g., market skimming, market penetration, or price adaptation)? Is this strategy the most viable? Does the pricing strategy reflect the value? If so, explain the value that you perceive, and if not, explain why you think the pricing does not reflect the value. Which potential buyers are likely to be motivated by or dissuaded by Apples pricing for the IPHONE16 and why? Would another pricing strategy capture more market share? Why or why not?

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter6: Target Markets: Segmentation And Evaluation

Section: Chapter Questions

Problem 3SC

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Question

What is Apples pricing strategy for thier IPHONE16 (e.g., market skimming, market penetration, or price adaptation)? Is this strategy the most viable?
Does the pricing strategy reflect the value? If so, explain the value that you perceive, and if not, explain why you think the pricing does not reflect the value.
Which potential buyers are likely to be motivated by or dissuaded by Apples pricing for the IPHONE16 and why? Would another pricing strategy capture more market share? Why or why not?

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