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Which of the different product mix pricing strategies discussed in the text applies best to Payless new strategy?
which of the different product mix pricing strategies discussed in the text applies best to Payless's new strategy? Discuss this in detail.for pay less company
What is product mix pricing?
It's the pricing of the product
What pricing strategies do you think Ben Sherman applies in its marketing mix?
Premium pricing!
What is Marketing mix for existing product in new market?
the pricing
Marketing mix strategies of airtel?
The marketing mix strategies of Airtel is known as the 4Ps. The 4Ps stand for product, price, place and promotions.
Which of the different product mix pricing strategies discussed in the text applies best to Payless new strategy?
which of the different product mix pricing strategies discussed in the text applies best to Payless's new strategy? Discuss this in detail.for pay less company
What is product mix pricing?
It's the pricing of the product
What pricing strategies do you think Ben Sherman applies in its marketing mix?
Premium pricing!
Define the tools for marketing communication mix?
the blend of product, place, promotion, and pricing strategies designed to produce satisfying exchanges with a target market.
Critically analyze the product mix strategies of a beverage company?
"Critically analyze the product mix strategies of a beverage company?"
What are some of the weaknesses in the current adopted product mix strategies by hp?
Weaknesses in the current adopted product mix strategies by hp
Marketing mix strategy for hul?
marketing mix strategy for hul
What is Marketing mix for existing product in new market?
the pricing
Marketing mix strategies of airtel?
The marketing mix strategies of Airtel is known as the 4Ps. The 4Ps stand for product, price, place and promotions.
How do companies find a set of prices that maximize the profits from the total product mix?
Companies maximize profits from their total product mix by employing pricing strategies that consider factors like production costs, consumer demand, and competitor pricing. They conduct market research and analysis to understand price elasticity and customer preferences, allowing them to set optimal prices for each product. Techniques such as price discrimination, bundling, and promotional pricing can also be used to enhance revenue across different segments. Ultimately, continuous monitoring and adjustment of prices based on market feedback help firms refine their strategies for profit maximization.
Distinguish between leader and bait pricing what do they have in common how can their use affect a marketing mix?
Leader pricing involves setting a low price on a popular item to attract customers, hoping they will also purchase other higher-margin items. Bait pricing, on the other hand, advertises a low-priced product to lure customers in, but often leads to upselling or the availability of higher-priced alternatives. Both strategies aim to draw customers into a store or platform, impacting the marketing mix by influencing product positioning, pricing strategies, and promotional tactics. Effective use can enhance customer traffic and overall sales, but risks customer dissatisfaction if perceived as misleading.
Difference between marketing mix and promotional mix?
marketing mix is-the combination of product, pricing, promotion, and distrobution stratagies used to market products. promotional mix is-combination of tools used to promote a product. personaly i don't the there is much difference, marketing focases on tratagies and promotion is actually promoting the product. so one is on paper, the others in motion
