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Please need help with the below Mini-Case MINI-CASE Personal Brand Management Impress4Less is a company founded by two b-school recent alumni. They both had taken

Please need help with the below Mini-Case

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MINI-CASE Personal Brand Management Impress4Less is a company founded by two b-school recent alumni. They both had taken advantage of their school's career placement services, and thought they could offer additional supplemental services and advice. They're constructing a website where anyone looking for help in positioning themselves for a new job might go to download templates of resumes, examples of personal brand brief 'elevator pitches: videos of strong and weak interview answers, and the like. Their plan is to offer some of those basics for free, to get people onto the website. But what they're really interested in selling is their consultation time. consisting of feedback on resumes and help with practice interviews. They're working with their former school's entrepreneurial club in proposing to launch their online premium service for $50. This past year served as a test market at the bschool. Given the friendly partnership, and as a learn- ing opportunity for the students. lmpress4Less shared some information on basic cost structu res. Their xed costs on this project were $3,000. and variables costs were $10 per user exchange. Currently at the b-school. the situation is as it looks in the gure below (to the left): that is. 200 users purchased their services during the last academic year at the $50 price. But the club members get regular feedback (from classmates) that the $50 price tag seems step, so they're asking |mpress4Less for a price cut of 10%, essentially going to the gure at the right. Case Discussion Questions 1. How many users would have to buy at $45 to at least meet last year's prots? 2. Should lmpress4Less drop prices further? Could they raise prices above $50? 3. What assumptions are you making

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