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 companies successfully charged 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?

• Please, I don't want answers from the assignments in course hero; I need a professional full answer.
• I need at least 3 sources of references with citations, please.
• I need separate answers to the questions.