Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There are several energy drinks on the market such as Red Bull and Joll Having a sharp marketing mindJohnny Rocket developed a drink he named

There are several energy drinks on the market such as Red Bull and Joll Having a sharp marketing mindJohnny Rocket developed a drink he named the Slow Down. This drink is aimed at a niche market People who are hyper and have difficulty relaxing. The drink filled with ingredients all known for their calming effectsAccording to Johnny the product is designed to improve concentration , memoryand learning capacity without causing sleepiness He's provided a guarantee that it will work or a customer will get their money back Johnny has engaged your firm to work on his behalf to market this new product

Name two demand-oriented pricing strategies that could Johnny use in this stage? Describe the objective behind these two strategies . It's urgent tell me fast

these are the only things

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

Marketing Mistakes And Successes

Authors: James F. Dartley

11th Edition

978-0470169810, 0470169818

More Books

Students also viewed these Marketing questions