Regardless of the pricing strategies already adopted by the products/companies listed below, which one would you recommend
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Question:
Regardless of the pricing strategies already adopted by the products/companies listed below, which one would you recommend each of them to follow?
If the company is multinational, you can recommend more than one strategy.
1.Aviation Gin
2.Tim Hortons
3.Roots
4.Kirkland organic olive oil
5.Johnny Walker Whisky
6.Huawei smart phones
Make sure you gather information on:
Current prices vs competitors
Trends in the industry and markets the company operates in
Strategic objectives of the company for the next 5 years
Marketing and promotional strategy and activities of the company
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