YOU SELL A PRODUCT THAT APPEARS TO FACE SEVERAL OTHER SUBSTITUTE PRODUCTS IN THE

Question

YOU SELL A PRODUCT THAT APPEARS TO FACE SEVERAL OTHER SUBSTITUTE PRODUCTS IN THE MARKET IN WHICH YOU PARTICIPATE. YOU NEED TO INCREASE REVENUES FOR YOUR COMPANY. WHAT KIND OF PRICING STRATEGY COULD YOU USE TO INCREASE SALES AND REVENUES? EXPLAIN YOUR STRATEGY. YOU PROJECT THAT THERE IS ANOTHER MARKET YOU COULD PERHAPS GET INTO WHICH IS DOMINATED BY BY HIGH INCOME CONSUMERS, BUT YOU PROJECT INCOMES OF THESE CONSUMERS MAY BE HEADED DOWNWARD BECAUSE OF RECENT TAX INCREASES COMING TO HIGH INCOME POPULATIONS. DO YOU THINK YOU SHOULD ENTER THIS HIGH INCOME MARKET? WHY OR WHY NOT? PROVIDE REASONS.

Explanation / Answer

www.livestrong.com/article/80326-products-wrinkles

Related Questions

Navigate

• Browse (All)
• Browse Y
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.