2. Which pricing method (cost, demand/supply, competition, profit-based) would you recommend for the following items being sold in other countries? Select only one product and describe your pricing strategies in a form of a list. Tennis balls by a manufacturer in the Philippines
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select only one product and describe your pricing strategies in a form of a list
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- 1. The formula of paracetamol tablets is vertically identical for all brands. Glaxo charges a premium price for this same product, yet remains the unchallenged market leader. Discuss what this implies about the value of a brand name. Are there any ethical issue involved in this type of pricing? Which pricing strategy they are applying and why?2. What pricing strategy is used by local water utilities to charge water bills?Price Analysis: market-driven pricing models 1. Describe the process of market-driven analysis and explain when it would be a useful tool. 2.Describe life cycle costs and the value of the life cycle cost method? Cost analysis: 3.Define the major types of cost? 4.What is breakeven analysis? 5. Define target pricing and describe when to use such a tool.
- Joie `s Brownies is a new Egyptian startup offers some trendy American desserts in a trendy way demonstrating many alternatives and customizations through a unique hospitality experience, you were recruited by the owners to build up a pricing strategy. Identify their product ( Rev , Evo ….etc) Chose one strategy ( cost leadership , focus or a mix…..etc) and why ? There are at least eight different pricing techniques for established goods and services. Explain four of those techniques that could match their offered services and under what conditions as owners they should use them.Legal and Ethical Issues on Pricing Policies & Practices 1.Select a current legal and ethical issue on the company’s pricing policies and practices. 2.Identify the source or online link of the aforementioned article. (Article should be within 2015-2022) 3.Identify the problem. 4.Give two (2) solutions to the problem. 5.Determine the PROs and CONs of each of the solution. 6.Select the best solution. Discuss briefly. Thank you in advance for your help!! :)5. What is meant by pricing? Describe any three strategies that can be done by firms if they do not want to increase the price of a product.
- 1. Consider the following product categories: Automobiles, smartphones, clothing lines (a) For each category of product, give an example of a well-known brand that uses price as a background variable and one that uses price as a lead variable. (b) Choose one of the background-lead pairs and prepare a product-life cycle pricing strategy.There are several pricing methods Huawei is planning on releasing its new operating system called Harmony OS Huawei hopes to get as many customers as they can to usetheir phones and new operating system worldwide1. Identify the pricing strategy used,2. Define it.Mo5. A large business Office Supply & Technology company, “ Smart Space,” recently entered the B2B business markets with new business office virus & flu safety and hygiene product packages- including medical grade cleaning services and a new flu & covid detection air filter for Corporate Offices. They are in the process of determining the appropriate price for the new B2B products and services. Discuss: a) the role that costs play in determining price and b )identify & define the three (3) B2B strategic pricing approaches- and the formula for each. c)select which approach is best and explain why and d) list two (2) Metric-Based customer benefits for the new air filter detection and cleaning package for sale to B2B businesses.
- Please explain the possible disadvantages of using (1) competition based pricing and (2) consumer based pricing for Getir.It is recommendable that the Company uses product and pricing strategy, which can provide a twin approach (Koester, 2011) The strategy should focus on ensuring smooth entry of a new product within a targeted marketplace as well as strengthening prices as the product continue to establish itself within the product life cycle. To this end, it is recommendable that the company uses introductory pricing strategies to facilitate a smoot entry. What is you understanding of this paragragh? What is Nike recommended to do from this?3.Based on the way SBC's brand manager describes its overall pricing strategy across various types of bikes with varying attributes for different types of riders and varying degrees to which those attributes are incorporated, SBC employs Multiple Choice A) product line pricing. B)competitor-based pricing. C) odd/even pricing. D) penetration pricing. high/low pricing.