What tactics are used in pricing at .99 2. Should companies opt for psychological pricing? If yes what are the benefits of using this pricing method? 3. Should prices be rounded off every time ? In what situation does this pricing strategy not hold good?

Q: What are the five major categories of pricing strategies?Give at least two examples of specific…

A: Explanation:- When marketing a product, a company can employ a range of pricing tactics. Senior…

Q: Price is an important element of the marketing mix. Create a word response to the following, *…

A: In accordance with our Q&A policies, since you posted a question with many subparts, we will…

Q: T.How does market competition influence pricing strategies and consumer choices?

A: Market competition plays a pivotal role in shaping pricing strategies and influencing consumer…

Q: 3.Based on the way SBC's brand manager describes its overall pricing strategy across various types…

A: Pricing strategy refers to the approach or method that a business uses to set prices for its…

Q: e main (most important) way that Cost-Based Pricing is different from Customer Value-Based Pricing?…

A: The most important way in which the cost based pricing is different from customer value based…

Q: Pricing Determined by Buyer Behavior 1. How do you price? 2. Should it be low, moderate or high?…

A: Every company will collect the profits through pricing and will create value for shareholders in…

Q: Select a basis for pricing your product (cost, demand, and/or competition). How will you know when…

A: Playstation is a home console for video games by Sony. It's competitors are Nintendo, Microsoft etc.

Q: What are the four drawbacks to cost-based pricing?

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Q: What are the benefits of cost-based pricing?

A: Cost-based pricing is technique to decide the price of the product according to the cost of the…

Q: Discuss any two types of price-setting methods?

A: The price setting methods are the methods which are set on the basis of the market, and the type of…