This paper concentrates on the primary theme of 1.Which pricing strategies should not be pursued by companies? Why? Give a contemporary real life example of each of these pricing strategies. in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 79. For more details and full access to the paper, please refer to the site.
Pricing Strategy and Consumer Behavior
Questions
1.Which pricing strategies should not be pursued by companies? Why? Give a contemporary real life example of each of these pricing strategies.
2.What is meant by "reservation prices"? Which complex relationships need to be considered when pricing is viewed from this perspective?
3.What is a penetration price policy? What is a skimming price policy? Give a contemporary real life example of both policies.
4.Give the four types of consumer costs and explain.
5.What is the most common objective of pricing? Why?