02 Sep Pricing Strategies”
- Identify one product that would benefit from each of these three pricing strategies, and one product that would not benefit from each pricing strategy (cost-plus, customer-driven, and share-driven). State your rationale for each selection.
classmate response: only respond to the question with 2 or 3 sentences.
One product that benefits from the pricing strategy of cost plus would be print products. In my printing business I have set pricing and know exactly the cost in a particular item. Customer driven pricing is setting prices based on a customer’s perceived value of such a product, this is most appropriate in food service I believe. Share-Driven pricing if I remember correctly is essentially competitive pricing, and most service industry product benefit greatly from this type of pricing strategy.
Cost plus would not benefit the service industry which depends on competitive pricing. Printing would not work well with customer driven pricing strategy, simply because customers don’t understand the value placed on a tangible marketing product. Food Service would not work well with the share pricing or competitive pricing I believe.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.