pricing strategy
Please describe two (2) products or services that you have purchased recently — one product or service that you feel represented good value for money, and one that did not.
1) What adjustments to the pricing strategy would you recommend to the marketer in relation to the product or service that failed to provide good value? 2) WHY do you feel they charged the price that they did, especially if you felt the price was too high?
Be sure that you have thoroughly answered the two questions asked of you.
Answer Preview
I recently purchased a new color laser printer and a mobile phone. The reason I needed a color laser printer is to help me in my bakery shop where I design cakes. Before, I used a black and white printer which made it difficult to see the printed pictures that we design for advertisement. Hence I decided to purchase a color printer since the pictures would be colored…
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