Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Little Caesars pizza has been offering $5 pizzas for a number of year. The cost of flour, cheese and other ingredients continue to rise, as
Little Caesars pizza has been offering $5 pizzas for a number of year. The cost of flour, cheese and other ingredients continue to rise, as well as hourly wages for employees. You can raise prices but most consumers perceive that your basic pizza is only a good deal at $5 and my stop buying it if you raise prices. As the CMO, what changes would you consider in repositioning your brand using the 4 s? Product: Pricing: Promotion: Placement
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/08/66d0d9a1449c1_23366d0d9a14090d.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started