Pricing Products – Watch the video https://www.lynda.com/Marketing-tutorials/Linking-marketing-pricing-strategy/661802/722874-4.html?org=strayer.edu
and answer the following questions:
Question One
After watching the pricing video, refer back to your Million Dollar Idea from Week 6. Choose the most beneficial pricing strategies and suggest two ways in which this selection could potentially affect consumer adoption of the new product.
Question Two
Provide a rationale for your answer and post the link in your discussion, using APA formatting, for everyone to read.
Question Three
Imagine that you are a manager at a brick-and-mortar store that has an online storefront as an additional source of revenue. The company has tasked you with creating ideas to improve logistics in order to increase profitability. Discuss at least two ideas and how these will increase profitability.
Sample Solution
