1. Marketing Mix and Plans
... expects the price to be. How about the competition what price are they selling the same or similar product for. This is also an important part of the promotion phase. Like I said there a several questions that need answers and we're just getting started. Pricing will also depend on how much ... may want to look at placing a slightly higher price on your product. That's called premium pricing, there is also economy pricing which just a way of keeping down the marketing and promotion price so you tag your product with a lower price. These are just a couple pricing tactics out there there a...
- Word Count: 644
- Approx Pages: 3
- Has Bibliography
- Grade Level: High School