Description
- Determine your pricing strategy.
- How does your strategy compare to competitors?
- How will your pricing model cater to your target markets, and will you have different pricing across the different segments you may eventually develop?
- How sensitive are your customers to changes in price?
- What does price say about your product in terms of value, quality, prestige, etc?
Requirements: 2 to 3 pages
Explanation & Answer
Hey buddy, here is the response on the pricing. Remember to talk to me incase of anything. I am always available and enjoy working with you. Let me know of anything that comes up.
Outline Paper
Task; Pricing
I.
Question 1
Entails a discussion that responds to the first prompt question
II.
Question 2
Entails a discussion that responds to the second prompt question
III.
Question 3
Entails a discussion that responds to the first prompt question
IV.
Question 4
Entails a discussion that responds to the first prompt question
V.
Question 5
Entails a discussion that responds to the first prompt question
VI.
References
Citations are done following the APA formatting guidelines.
Running Heading: Business
1
Pricing
Student’s Name
Institutional Affiliation
Course
Date
Business
2
Pricing
Question 1
Choosing a price for a product can, at times, become a challenging task. However, Ford
uses a competitor-based pricing strategy, which enables them always to be a step ahead of their
competitors. This strategy involves benchmarking prices used by other companies, then s...
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