Explain how market segmentation makes it possible for car manufacturers to sell everything from a $30,000 Kia to a $183,000 Porsche. They are both vehicles and offer the same benefit of transportation, so how can they offer such different price points?
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Explain how market segmentation makes it possible for car manufacturers to sell everything from a $30,000 Kia to a $183,000 Porsche. They are both vehicles and offer the same benefit of transportation, so how can they offer such different price points?
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- 1. Does PlayStation company currently compete based on price or nonprice factors? Should PlayStation new product continue with this approach?some people believe that the higher a product is priced, the more likely it is that people will want to buy it .explore to what extend prices influence potential buyers and account for other factors that influence people to buy a product.Suppose Wal-Mart and Target both advertise that they will match the lowest price offered by any competitor. What is the purpose of such a strategy? This offer seems to be very good for consumers at first, but is it? Explain your answer.
- E3 1. Think of a product that you ought to sell as an entrepreneur/ businessman in the future. Describe the product.2. How much price do you ought to charge on your product?3. What are your reasons for your price? Justify the price of your product based on the input cost, value of the product and customer perception.Marketing Class, I only put Economics because they don't have an option for Marketing When a retailer is considering whether to participate in Apple Pay, is the decision process like a new-task purchase, a straight rebuy purchase, or a modified rebuy purchase? Explain your answer. Which of the four categories of business markets is Apple Pay best suited for, and why? Which environmental influences on the decision process seem to have been most important to McDonald’s when it decided to honor Apple Pay?For example, in a company where soaps are made in portable containers, and they are for baths...... What are the external factors that could influence in the market?
- Netflix is the original major streaming option for home television audiences. When it started nearly 20 years ago, Netflix was a subscription-based DVD service that would mail DVDs straight to your home. It still does that too (more on that later), but in 2007, Netflix debuted its streaming service, allowing viewers to watch thousands of on-demand TV shows and movies ad-free. Ten years later, Netflix has become one of the biggest names in entertainment, producing critically acclaimed TV shows (Daredevil, House of Cards, Stranger Things, and Luke Cage, to quickly name four) and movies and hosting original comedy specials.Netflix now offers up a wide range of content across every genre you can imagine. From full seasons of today’s hottest TV shows to classic movies, Netflix has more entertainment than you could ever possibly watch. As you watch more content, Netflix will learn about your viewing habits, offering up custom genres with colorful names like “80s action comedies” or “gory…How does BMW segment its consumers? Why does this work for BMW?How will you gather information about competitors, their products, and the prices that they charge for their products and services?
- Business analysts say that physical retail stores are declining, while e-commerce websites such as Amazon are more popular than ever. Do you agree? Why or why not? What are the adverse effects, if any, of the rise of e-commerce websites vs. physical retail stores? What are the positives?please give examples of competitive advantages of a business selling a luxury bags in the digital space?Thoughtfully contemplate entering the computer hardware sales industry. Mainframes, supercomputers, or high-capacity storage devices: which do you think offers the most lucrative opportunity for recent college grads? Why? Selling computer parts has which of the following benefits?