MKT 100: Principles of Marketing reply to these two people

Content Type

User Generated

User

fcbegre330

Subject

Business Finance

Description

Discussion assignment was about Pricing

Identify one (1) product that a business with which you are familiar offers and discuss whether or not the pricing strategy used for such a product is effective.

If you want to increase sales, how would you alter the current pricing strategy and why do you think that these changes would work?

In 100 words or less we need to reply to these two classmates

Unformatted Attachment Preview

Kimberly Conley RE: Pricing Hello All, I feel Metro offers a pretty good deal right now that you can't pass up. Maybe an agreement that you could use on your kids or something like that. They are offering you to move your service over and your number over to become a Metro PCS customer. They offer two lines for 80 a month, and you can get a new android cell phone. I feel that's a pretty good deal and couldn't be passed up. I believe you also get unlimited everything as well. You definitely can't go wrong with a plan like that. Only thing you would need to be concerned about is if it will work in your area and give you excellent service. Many people don't always stop and think when marketers are out and about trying to sell things like that. You are so amused with the flat rate that they sell the deal to you without you even thinking about it. Once you realize what you did, it's too late. You don't stop and think and compare it to the plan you already have and see if it's with switching. Myself on other had will stop and think carefully and almost will talk myself out of a good deal. I like to weigh my options out. Before I sell myself to the devil. LOL. Shauna Brown RE: Pricing Hello, Class Pricing is the most significant elements of marketing because a price maintains the consumers to have a concept of the merchandise that they are purchasing. I would like to choose the coca cola company that works in the soft drinks enterprise. Frequently the company applies the competition pricing for its merchandises. Coca-Cola is a business that regularly faces the dangerous opponent from its contenders primarily Pepsi and sets rates for its merchandises around the equal level as Pepsi. This pricing procedure has been helpful in the long run for the company because if the company sets high rates about those of its opponents, it will fail its consumers to its opponents proposing below prices and if the enterprise gets very lower prices to beat off the opponent it won't accomplish its profitability goal and clients might have the opinion that the quality of their merchandises is small and therefore changing to products of their competitors. Shauna
Purchase answer to see full attachment

Tags: "S.Porter" "MKT 100: Principles of Marketing"

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Please check attachments for required work

Reply to Kimberly Conley
I think it’s a good deal and idea of Kimberly Conley is good but this can vary from a person t...