discussion board for marketing class. its about pricing concepts. no minimum words, just do the best you can. use one source and use in text citation

For this Discussion, pick a product available at three different types of stores, upscale, ordinary, or middle of the road and deep discounter. This can be food, clothing, or other type of item – BUT – it must be the same item, not a similar one. Compare the prices. What did you find? If there were differences, what do you think causes the differences? You can access by clicking “Discussions” option in the main menu. Remember you must respond to my posting and a minimum of two (2) other student postings!

Select three specific items and compare pricing at three retailers. Choose three different types of retailers for your pricing comparisons.

For example, you might choose a specific brand of shampoo. You could compare pricing at a large chain drugstore, a local drugstore, a supermarket, a convenience store, a Walmart, or even an online store. Another example, you might choose a specific clothing item like Levi’s 501 jeans. You could compare pricing at a specialty store, department store, discount store, online store, etc. Try to pick a range of lower and higher priced items for your examples (electronics, appliances, cereal, aspirin, etc.), just be specific.

1. List your 3 examples.
2. Name the stores and give prices you recorded at these different retailers.
3. What factors do you believe lead to the variations in prices? Is it worthwhile for consumers to compare prices when they shop?

Be sure to answer part 3 thoroughly