EBK PRINCIPLES OF MARKETING
17th Edition
ISBN: 9780134461427
Author: Armstrong
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 11, Problem 11.9AC
Summary Introduction
Case summary: Price mindful customers are tied in with finding the finest deal. Person H and Person J are two companions run an exceptionally effective organization that works enthusiastically to reveal the best deals, empowering families to set aside cash. The site highlights advancements and alarms to special pricing on items with coupons and discounts to enable shoppers to extend their dollars.
To discuss: The range of prices paid for the product.
Characters in the case: Person H, Person J and Site KCL.
A pricing strategy considers portions, capacity to pay, economic situations, contender activities, trade margins and input costs, among others. It is focused at the characterized customers and against contenders.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Identify a product offered by a manufacturer using a dual-distribution approach (ex: brick and mortar, physical location versus online).
Are there differences between the customers targeted by each approach?
How do the purchase experiences differ?
Do you think online sales will eventually cause brink and mortar businesses to cease to exist? Why?
Please help me with this question .
please read the source
Source: https://www.bizcommunity.com/Print.aspx?l=196&c=168&ct=1&ci=220219 [Accessed 9February 2023].
a.Concerning the Pick n Pay brand, discuss the various elements within the traditionalmarketing approach.
b.
please help me to solve the following question based on NETLE company-
1. what is marketing?
2. what is the role of marketing in NETLE company?
3. discuss the following in the marketing mix of NETLEcompany- pricing strategy, product strategy, distribution strategy, and communication strategy.
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.Similar questions
- What are the competitive advantages when selling online. Please answer the question. Thank you.arrow_forwardAn entrepreneur who owns a store of fruit shake would like to ask your help in creating a unique selling proposition for his business. Write your steps and the constructed USP.arrow_forwardExplain how retailers can be classified based on the amount of service offered and give an example of each retailer type. (AACSB: Written and Oral Communication; Reflective Thinking)arrow_forward
- Given Warby Parker’s original idea of selling online to minimize distribution costs and keep prices low, do you agree with its more recent decision to open dozens of stores? Explain your answer.arrow_forwardWhat is a product? How do consumer products differ from industrial products? (AACSB: Written and Oral Communication; Reflective Thinking)arrow_forwardFor years, Ferrari has been known as the manufac-turer of expensive luxury automobiles. The company plans to attract the major segment of the car-buyingmarket that purchases medium-priced automobiles.As Ferrari considers this trading-down strategy, whatbranding strategy would you recommend? What arethe trade-offs to consider with your strategy?arrow_forward
- What types of retailers offer pricing objectives that are a good fit for ourbrand?arrow_forwardPlease help with these 3 questions ASAP. Very simple answer needed and no word limit.arrow_forwardInstructions In this assignment you are asked to review the Mini Case below and answer the discussion questions based on your understanding of marketing channels Online, Mobile, and Social Media Marketing: Fabletics Changing Channels According to the Fabletics company website, www.fabletics.com, “JustFab Inc. co-CEOs Don Ressler and Adam Goldenberg launched Fabletics with Kate Hudson after they saw a gap in the activewear marketplace. There were plenty of luxury brands, but none that offered stylish and high-quality gear at an accessible price point. These three unstoppable innovators joined forces to create the Fabletics brand in 2013. Fabletics, a division of Just-Fab, offers affordable, high-quality, and stylish workout clothes including yoga pants, leggings, joggers, tops, tees, and more for women and men at every fitness level. After being in business just a few short years, the company ranked number 98 in the Internet Retailer 2015 Top 500 Guide with revenues of US$150…arrow_forward
- Why is location-based marketing so attractive to marketers? Why are in-app ads becoming so important to marketers? Research has shown that many consumers use the Internet to investigate purchases before buying, which is often done in a physical storefront. What implication does this have for online merchants? What can they do to entice more online buying rather than pure research? What pricing strategy turned out to be deadly for many e-commerce ventures during the early days of e-commerce? Why? Is price discrimination different from versioning? If so, how?arrow_forwardFrutika is available in your near retail store? If you didn’t find it in any store do you search in other stores or buy other brands? If yes, which brand you prefer? What do you think they should do when the covid is over?arrow_forwardCritical Thinking In general, professional selling has evolved from hard selling to relationship selling. Do some organizations still use the hard-sell style? If so, explain. What do you think the future holds for these organizations? Will the hard sell continue to succeed; that is, are there instances in which transactional selling is still appropriate? If so, when?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Principles Of MarketingMarketingISBN:9780134492513Author:Kotler, Philip, Armstrong, Gary (gary M.)Publisher:Pearson Higher Education,
MarketingMarketingISBN:9781259924040Author:Roger A. Kerin, Steven W. HartleyPublisher:McGraw-Hill Education
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Marketing: An Introduction (13th Edition)MarketingISBN:9780134149530Author:Gary Armstrong, Philip KotlerPublisher:PEARSON
Contemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning