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Coca-Cola keeps in mind that price should complement demand of the public for the product. The company should receive the maximum amount of revenue possible for the product. Price should be neither too high nor too low in comparison to their competitors. Price must reflect the viewpoint of their target audience.
What else can I help you with?
What are Examples of psychology pricing strategy?
One psychological pricing strategy used is pricing something high, so that consumers associate it with prestige. Many retailers do this with cars.
What are the advantages and disadvantages of pricing strategy?
what is premium pricing strategy
What are the advantages and disadvantages of premium pricing strategy?
what is premium pricing strategy
What is the pricing structure of Adidas?
It is a pricing strategy
What is the Pricing strategy of RIM for blackberry?
The Pricing strategy that RIM for blackberry has used is lowering their prices and offering discounts in various countries. In India they have lowered the prices for their smartphones up to 26%.
What is penetration-pricing strategy?
Penetration-pricing strategy is used to build market share by obtaining profits from repeat sales. Occasionally, high sales volume allows sellers to further reduce prices.
What is pricing strategy of Adidas?
the pricing strategies are unit prcing
Who uses penetration pricing?
Penetration pricing is mainly used by Supermarkets, to attract more customers into their stores. However, this strategy is now being used by small retailers too.
What is a quantity-pricing strategy?
A quantity-pricing strategy provides lower prices to consumers who purchase larger quantities of a product.
Follow the crowd -pricing strategy?
follow the crowd pricing stratgey
What pricing strategies do you think Ben Sherman applies in its marketing mix?
Premium pricing!
When computer company initially charged a low price and then raise price after gaining market share which pricing strategy is getting used?
penetration strategy
