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3) Choose a price strategy for your new product. Provide rationale for your choice. 4) Establish a specific price point for your new product. Identify

3) Choose a price strategy for your new product. Provide rationale for your choice. 4) Establish a specific price point for your new product. Identify one discount or allowance you would implement to encourage your target's first purchase. 5)Inthe consumer market, describe the marketing channels that you would make use of (i.e. Direct, Retailer, Wholesaler, Agent/Broker).Provide your rationale for the above. Be specific- name your distributors/intermediaries.

*My product is a VR gaming system called Utopia.

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