Which pricing strategy (or maybe a combination of strategies) is best for your product/service? Why? How did you come to this conclusion? What price will you offer your product(s) or service for exactly? Will you use any promotional strategies?

Q: Different stages of product life cycle require different combination of promotional mix”. Discuss…

A: The product life cycle consists of stages where in  the life of the products begins as soon as it…

Q: What are Target's primary promotional objectives?  Have these objectives changed significantly over…

A: Promotions is one of the components of the marketing mix of any company. Promotional Strategies have…

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: What then is the product’s pricing based on, if not costs? Present the product’s pricing and what…

A: Product pricing refers to the process in which the organization sets the price of the product…

Q: How does cost-based pricing differ from value-basedpricing?

A: Pricing is the method of fixing the price of a product and it involves various pricing strategies as…

Q: How would you serve this target market? What is a suitable marketing plan? Specifically, what…

A: In the age of ever-advancing technology, the concept of the smart home has transitioned from science…

Q: How is product-line pricing helpful to both retailers and theircustomers?

A: Product line pricing is a pricing strategy where the company will price different product of a…

Q: Evaluate the cost-benefit analysis of investing in premium or customized packaging for luxury…

A: Cost-benefit analysis (CBA) is a methodical technique for determining the advantages and…

Q: How would you promote your beauty services and the pricing?

A: Note: The answer has been framed in a generalized manner.   To support or encourage the improvement,…

Q: Suppose you are brand manager or marketing team leader of a pharmaceutical industry. Now in the…

A: Promotion of a Product or Product's Promotion: It is any significant method to run sales and raise…

Q: new product or service. Who would be the target market

A: Idea generation is a creative process of forming new thoughts and concepts. It also builds new…

Q: and life-cycle costing vary

A: Talking about the sales life cycle then, it is the life cycle of sales of product of the company…

Q: What considerations should be given to pricing strategies and promotions in driving marketing…

A: Marketing growth is an ongoing process that requires a holistic and strategic approach. It involves…

Q: Why wouldn’t a producer of toothpaste just lower the price of its product rather than offer…

A: The promotion decision process refers to the process in which the marketers make strategies about…

Q: 1 What are some examples of bundle pricing?
  2 What are some other examples of promotional pricing?…

A: 1.Bundle pricing is the act of selling a bunch of things as a bundle at a cost lower than what the…

Q: Discuss the below points used by the company Amazone (4 Ps) to become a successful brand.…

A: Note: The mentioned company name is AmazonAmazon, one of the world's largest and most successful…

Q: What is psychological pricing, and how is it used by sellers? Give an example

A: Psychological pricing: It is a kind of pricing strategy which creates a psychological impact on the…

Q: what is the Competitive pricing between vaseline intensive care body lotion and other competitors

A: Price is the perception of product in customer's mind. A product which is highly perceived can be…

Q: A company has a new product that is in the market introduction stage of the product life cycle. What…

A: Product life cycle refers to the group of four stages that describe how new product comes in the…

Q: Choose a consumer product with which you are familiar. For that product, discuss its pricing…

A: A pricing strategy is a plan or technique for choosing the most competitive price for a good or…

Q: How can retailers create effective pricing strategies that balance profitability with customer…

A: Concept Introduction :- A retailer is a business or individual that sells goods or services directly…

Q: What is psychological pricing, and how is it used by sellers? Give an example.

A: Price is the monetary worth assigned to a product or service, and it is the result of a complicated…

Q: What are the four categories of marketing activities, usually referred to as the marketing mix? In…

A: The main 4 P's of marketing are product, price, promotion, place.  Product - Goods or service Price…

Q: Why do marketers use this ‘just-below’ pricing tactic?

A: Businesses use a variety of psychological pricing methods to ensure that consumers are encourages…

Q: What is meant by reference pricing?

A: The price a seller charges needs to consider, and be consistent with, the objectives and costs of…

Q: Look through your local newspaper or any direct mail marketing pieces you can locate. Choose a…

A: Pricing Strategies Pricing strategies is a process adopted by an organization to set the price for…

Q: Discuss what a product needs advertisement. Is this true of all products?

A: Companies spend millions on advertisements each and every year. Consumers cannot avoid being exposed…

Q: Suppose you are launching a new product(Medicine), generic name is Pentoprazole. What are the…

A: An effective marketing strategy is required for the launch of every product. It is further required…

Q: What are the traditional approach to pricing a) Marketing b) Cost-plus c) market based d)Value based

A: MARKETING: Marketing is the process through which a corporation promotes the purchase or sale of a…

Q: Penetration pricing and price skimming are marketing strategies commonly implemented when companies…

A: Pricing is an important determinant of business trade and success of volume of trade.