Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Product and Pricing Decisions PIZZA PIZZA BUSINESS A: This piece of your comprehensive project will focus on product concepts . How would you classify your
Product and Pricing Decisions PIZZA PIZZA BUSINESS
A: This piece of your comprehensive project will focus on product concepts.
- How would you classify your product or service (i.e. Convenience, Shopping, Specialty, or Unsought)?
- Describe the type of packaging and labeling you would use (for services be sure to review applicable readings).
- Describe the global issues in the branding and packaging of your product or service.
- Provide some rationale for the points you are making.
B: This piece of your comprehensive project will focus on pricing decisions.
- Describe the pricing objective that you would use for your product or service (i.e. Profit-Oriented, Sales Oriented, Status Quo).
- Describe how 3 (your choice) of the determinants of price (i.e. Stages in the Product Life Cycle, Competition, Distribution Strategy, Internet, etc.) will impact.
- Provide some rationale for the elements you chose.
- Describe the marketing channels that you would make use of (i.e. Direct, Retailer, Wholesaler, Strategic Partner, etc.).
- Provide some rationale for the elements you chose.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started