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1 . Imagine that a market research interviewer asked you t o report the price you would expect t o pay for some consumer items.
Imagine that a market research interviewer asked you report the price you would expect pay for some consumer items. For each the following items, give the price price range you would expect pay. Then describe the role any played each the three sources pricelevel knowledge discussed the chapter arriving each estimate.
ounce bottle Suave shampoo
oil change Jiffy Lube
A pair Nike sneakers
A Weber gas grill
A computer manufacturer who sells personal computers through catalogs and the Internet has low prices but is frustrated that price awareness in the category is low. What price format and price structure decisions can this manufacturer make to increase price awareness in this product category?
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