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You want to determine the success of your innovative product and your creative marketing strategy. * For the two pricing strategies, value pricing and skimming
You want to determine the success of your innovative product and your creative marketing strategy. * For the two pricing strategies, value pricing and skimming pricing, develop two performance metrics, one for each strategy. * Consider your promotional strategies advertising, social media marketing, and influencer partnerships. What is a performance metric that will be applicable for the strategies * Consider the different locations where your product will be available for purchase (online store, platforms for e-commerce, and a retail partner). What is a good metric to put in place to determine if a particular retail location is doing as well as expected
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