Compare two product of different brand but with the same specification, purpose and/or use. Identify the factors which affected the pricing on both product.

Q: Discuss the three major pricing strategies in relation to Hammerpress. Which of these three do you…

A: Pricing methods in marketing means to find out the value of a product at which the company wants to…

Q: What pricing strategies are available for a marketer launcging a new product?

A: All of the ways a company owner employs to establish how much to pay for a service or product are…

Q: Discuss pricing methods for selected 5 brands and justify your selection of method

A: Рriсing  under  Mаrketing  meаns  the  methоds  оf  finding  оut  the  vаlue  оr  соst  оf  the…

Q: What are Jetblue pricing strategies? In what way it works in alignment with Jetblue competitive…

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

Q: What pricing strategies should be considered when introducing a new product?

A: Corporations can use various types of pricing strategies to sell their products and services in a…

Q: . What pricing strategies should be considered when introducing a new product?

A: Product pricing is one of the most important components of a marketing strategy. The first thing to…

Q: HOW WOULD THIS MARKETING CONCEPTS AFFECTS THE PRICING STRATEGY OF THE COMPANY?

A: Holistic marketing plays a prominent role in the organization as has various benefits associated…

Q: Identify a product that practices optional product pricing. Discuss the nature of the base product…

A: Definition : The optional product pricing is when the company makes its products or goods and…

Q: Describe and give examples of some of the followingtypes of pricing objectives: profit, market…

A: To fix the price of any products or services, the companies will choose the suitable pricing…

Q: Describe the three alternative pricing strategiesand when each strategy is most appropriate.

A: Consumers will look into many variables before making a purchase decision. They will look into the…

Q: Please provide a clear example to explain the difference between "Brand extension" and "

A: Company will create value for customers and shareholders. It will create value for shareholders in…

Q: what are the three major pricing strategies and discuss the importance of understanding…

A: There are three basic pricing strategies: skimming, neutral, and penetration Skimming Strategy…

Q: penetration pricing

A: Penetration pricing is a strategy in which the price is initially set low to attract customers. The…

Q: What is meant by a pricing strategy?

A: Price is important because it can influence whether or not a customer buys a product. After all,…

Q: Which of the following product mix pricing strategies did Polaroid use when it sets the general…

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: Using a customer's perspective on the product as a basis for pricing

A: It is important for the companies to consider the prospective of the customers before pricing their…

Q: Identify the factors that influence pricing decisions and discuss how they affect the pricing…

A: Pricing strategies can be referred to a marketing strategy that is utilized by the organizations to…

Q: What is Captive product pricing?

A: Retailers use a number of strategies concerning their price. Captive product pricing is one of the…

Q: Discuss the two new product pricing strategies and provide an example to illustrate each. Discuss…

A: New product pricing strategies can be of various types. Two of them are 1.Price skimming  2.Market…

Q: What factors influence the pricing decisions for a product such as Glitzz? Analyze these factors and…

A: Glam & Glitz, a beauty salon, is my new enterprise that can provide extremely promising service…

Q: A company has two products. One is moderately priced and has fewer number of competitors. The other…

A: Pricing refers to setting a price for a product or service at which it will be sold in the market…

Q: What are the Role influence and functions of pricing in product development? Also, what are the…

A: Role influence of pricing in product development: Meeting Costs - The company always occur some…

Q: the various pricing policies or methods of pricing.

A: Marketing is a vast topic including various areas like pricing, marketing mix, communication,…

Q: Which pricing is more profitable: premium pricing or captive pricing?

A: Captive pricing-One of the example of Captive pricing is razor blades for shaving razors. With this…

Q: Explain the term captive-product pricing?

A: Рriсing  under  Mаrketing  meаns  the  methоds  оf  finding  оut  the  vаlue  оr  соst  оf  the…

Q: Explain how using competitor pricing factor is used to determine an approach to pricing.

A: Competition-based pricing is a method in which you determine your rates in relation to your…

Q: Name the principal laws and regulations affecting specific pricing practices.

A: The Pricing policies of the firm are bound to be impacted by the rules and guidelines as set by the…

Q: Explain the termCost-based pricing?

A: Рriсing  strategies  under  Mаrketing  are  the  methоds  to  find  оut  the  vаlue  оr  соst  оf…

Q: In pricing a new product, what circumstances might support skimming or penetration pricing?

A: As a product progresses through its product lifecycle, its pricing strategy is likely to alter. One…

Q: what are the different types of product line pricing?

A: Concept Introduction  Pricing plays a role in the marketing strategy's success or failure for a…

Q: Explain the term optional-product pricing?

A: Pricing -It is the process that a business exercises by setting the price of any product and…

Q: What are the five key price methods categories?

A: The price is the actual value of money that the end user is expected to pay. Pricing plays a…

Q: Determine the best strategy for pricing a new product, giving two reasons for your  choice

A: The expression "Pricing Strategy" envelops every one of the strategies that an entrepreneur uses to…

Q: What are factors influencing pricing decisions?

A: Fixing a price is not an easy task. The whole demand for the product depends on the…

Q: Name and describe the two broad new product pricing strategies. When would each be appropriate?

A: Pricing strategies usually change as the product passes through its life cycle. The introductory…

Q: Use a sports organisation and illustrate a simple price strategy for one of its products using at…

A: Depending on the short and long-term business objectives, there are a variety of techniques that can…

Q: Explain in full how pricing is applied over the Product life cycle.

A: Pricing is a process of determing the product value that a manufacturer would receive in exchange of…

Q: 16. Which pricing objective has the goal of establishing market share? A) Market penetration B)…

A: Pricing objectives are fundamental for the success of any business. It follows a process in which…

Q: The three major influences on pricing decisions are: costs, competitors, and customers. TRUE FALSE

A: The marketing function depends on product development, pricing strategy, distribution channel, and…

Q: 1.  Distinguish between value-based pricing and cost-based pricing

A: Disclaimer -  I am solving the first question for you, in case you need solution to other questions…

Q: Name the types of pricing associated with business products?

A: For business products, the pricing strategy differs to a great extent from consumer products. The…

Q: What is Optional product pricing?

A: Successful companies often use pricing as a tactical tool and use its influence to the lowest level.…

Q: What pricing strategies will you take to sustain in the maturity stage of a product’s life cycle?

A: Maturity stage is when a product has been established in the market in the PLC. Maturity stage of a…

Q: List other factors besides demand and costs can influence price?

A: Price is the term given to value of the goods or services that business produces to sell in the…