Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mrs. Green, the top marketing officer at De Walt Hand Tools Co. said Our pricing policy recognizes the importance of our retailers in marketing our

Mrs. Green, the top marketing officer at De Walt Hand Tools Co. said "Our pricing policy recognizes the importance of our retailers in marketing our brand. We rely highly on their participation in promotion efforts to our consumers through frequent flyers they distribute, displaying our brands in high traffic density areas in the retail outlets, providing accurate information about the relative advantages of our products, preparing special displays for our brand during occasions such as Christmas, Black Friday, Fathers Day, etc. For their participation in the promotion of our brand we offer discounts on the products that they in turn market to consumers. This form of discount is ___________________

a.Segmented pricing

b.Dynamic pricing

c.Product line pricing

d.Promotional allowance

e.Reference pricing

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

Step: 3

blur-text-image

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

Principles of Marketing

Authors: Philip Kotler, Gary Armstrong

14th Edition

132167123, 132997266, 9780132997263, 978-0132167123

More Books

Students also viewed these Marketing questions