Company SG was started in the late 1970s as a data recovery backup place for the Company SO. That division was rolled off into its own organization and started overhauling customers of various kinds and sizes. Company SG is currently one of the main programming and servicing organizations. In the previous decade, Company SG has done well regardless of confronting numerous industry difficulties, for example, government guidelines and globalization. Company SG decided to profoundly change its sales force and procedure while times were great, as opposed to pause and be compelled to do as such. The case diagrams the subtleties of that change. Characters in the case: Company SG. To discuss: The ways Company SG’s transformational plan addresses the steps of managing sales force. Sales promotion is the way toward influencing a potential customer to purchase the item. It is intended to be utilized as an interim strategy to increase sales, where it is hardly reasonable as a technique for structure continuing customer loyalty.

Question

Want to see the full answer?

Answer 1

Question

Chapter 16, Problem 16.21CC

Summary Introduction

Case summary: Company SG was started in the late 1970s as a data recovery backup place for the Company SO. That division was rolled off into its own organization and started overhauling customers of various kinds and sizes. Company SG is currently one of the main programming and servicing organizations.

In the previous decade, Company SG has done well regardless of confronting numerous industry difficulties, for example, government guidelines and globalization. Company SG decided to profoundly change its sales force and procedure while times were great, as opposed to pause and be compelled to do as such. The case diagrams the subtleties of that change.

Characters in the case: Company SG.

To discuss: The ways Company SG’s transformational plan addresses the steps of managing sales force.

Sales promotion is the way toward influencing a potential customer to purchase the item. It is intended to be utilized as an interim strategy to increase sales, where it is hardly reasonable as a technique for structure continuing customer loyalty.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

The most common product I purchase would have to be organic foods from the grocery store. Although these foods are from different producers, I feel as though most if not all utilize marking skimming as their marketing strategy for pricing their goods. Many organic foods are priced much higher than the average food product, usually doubling in cost, if not more. I have yet to find an organic food product that was the same price or cheaper than your typical comparable food item at the store. With the use of market skimming, organic food companies are focused on selling to buyers who value their product and recognize that a quality product or food source comes with a price. People who prefer to eat organic foods are typically inclined to pay whatever price that product comes with, since finding organic foods can be challenging to begin with. Since there are not as many organic food producers as there are non-organic food producers, target consumers have no choice but to purchase whatever…

Response to Natisha Henry Crest is the item I choose. Instead of trying to maximize profits initially with a high price, as would be done with a "market skimming" strategy, Crest primarily uses a market penetration pricing strategy for its toothpaste products. This means that they set a relatively low price to quickly gain a significant market share and attract a large customer base. Since Crest toothpaste is positioned as a dependable, well-known brand with a solid reputation for cavity prevention, supported by in-depth research and the American Dental Association's (ADA) seal of approval, its pricing typically reflects its perceived value. For many users, the toothpaste's perceived quality and effectiveness make the price point justifiable. A more aggressive price-competitive strategy could potentially capture more market share by attracting price-conscious buyers, but it might also impact brand perception if not carefully managed alongside quality messaging. Crest toothpaste's lower…

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?