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Q.13. How do organizations us common pricing strategies?
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Solved in 3 steps
- Q.9. Which of the following is NOT an element of marketing mix?(a) distribution(b) product(c) pricing(d) target market.QUESTION S Why is a fitness studio more likely to price discriminate than a grocery store? OA service cannot be resold, whereas food can be resold O A fitness studio does not have market power, but a grocery store is likely to have market power O A fitness studio has more fixed costs and fewer variable costs, whereas a grocery store has fewer fixed costs and more variable costs A fitness studio cannot find characteristics of consumers that correspond with their willingness to pay, but a grocery store can QUESTION 6 A patent is an example of O a unique cost advantage O a government created barrier to entry O customer lock in O entry deterrenceQ.5. What are the factors that affect the consumer buying decisions?
- QUESTION 1. The CEO of Talk Ltd, Ms Andi, has made an observation about the pricing of products and seeks youradvice as the organisations Management Accountant. Ms Andi has noticed that despite three steepprice increases to products over the last 12 months, customers have not been deterred and sales arestronger than ever before. Explain to the CEO Ms Andi why this could be the case.Q6. Discuss the use of social media in the marketing of the product/service in Amazon retail company?Topic: Opportunities and limitations of designing an effective service pricing strategy. Give concrete examples to point out opportunities and limitations in service pricing. 1. Why are ethical concerns important issues when designing service pricing and revenue management strategies? What are potential consumer responses to service pricing or policies that are perceived as unfair? 2. How can we charge different prices to different segments without customer feeling cheated? How can we even charge the same customer different prices at different times, contexts, and/or occasions, and at the same time, be seen as fair? PLEASE ANSWER ALL QUESTIONS. THANK YOU!
- Q 1. Explain six key considerations when setting a price Q 2. Describe the promotional pricing approaches used by marketersQ#05: Provide example from National market of Porters Generic Strategies?QUESTION 6 List and define the major types of buying decision behavior and the stages in the buyer decision process, explain with Examples For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Paragraph Arial 10pt 三 v 三v A V x X, ST Te +, RBE V 田 区 田 19 Ť (1} 1- Complex buying behavior :
- Q 7. A marketer of innovative high tech products choose market skimming pricing ratherthan market penetration pricing when launching a new product. Critically examine the statement and alsoCompare and Contrast market skimming and market penetration pricing strategies.Q: What is breakeven point? How is it calculated? for products.Q 2. Describe the importance of personal selling from the view of customers.