1. When Dell recently launched its Mini3 smartphone, it targeted consumers not in the United States but in Brazil and China. Its strategy: to create loyal customers as those markets emerge. A few years ago, when Dell introduced computers in the emerging markets of China and India, it used a penetration pricing strategy. That is, it priced the new computers under $500, significantly less than its computers sell for in the United States.27 Why do you think Dell chose that pricing strategy? Do you think it was successful? Do you predict Dell will use the same pricing strategy for its smartphone? Why or why not?