Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Give two examples of brands where manufacturing costs are well below the selling price. With that in mind provide answers to the below questions; 1.

Give two examples of brands where manufacturing costs are well below the selling price. With that in mind provide answers to the below questions;

1. How have the companies been successful in charging high prices to the brand's consumers, despite the low costs of manufacturing?

2.How is customer information used as a part of the pricing strategy?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

E Marketing

Authors: Judy Strauss, Raymond Frost

7th edition

132953447, 978-1315506517, 1315506513, 978-0132953443

More Books

Students also viewed these Marketing questions

Question

24. I am more determined to succeed in life now.

Answered: 1 week ago

Question

Does it have at least one-inch margins?

Answered: 1 week ago

Question

Does it highlight your accomplishments rather than your duties?

Answered: 1 week ago