10.8 Your company has developed a new weight-loss breakfast shake that has proven to be successful in...

Question:

10.8 Your company has developed a new weight-loss breakfast shake that has proven to be successful in the test market phase. Users have experienced an average weight loss of two pounds per week. You hold a patent on the product. The cost to produce the shake is relatively low, with total manufacturing costs running at about €0.05 per 25 grams. Each shake is 200 grams. What pricing strategy do you recommend for this product? (AACSB:

Communication; Use of IT; Reflective thinking)

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Strategic Marketing Management

ISBN: 9781936572199

8th European Edition

Authors: Alexander Chernev, Philip Kotler

Question Posted: