Below are the other potential pricing policies that might increase the revenue f

Question

Below are the other potential pricing policies that might increase the revenue from Music Store sales -

1. Charging higher prices for most popular, famous and hit music albums which remain in demand all the time. As more consumers purchase the product, the revenue will be maximum.

2. Offering combopacks of music where one album is less famous but goes for a decent price when combined and sold with more famous albums.

3. Offering future music albums from the specific composer and singer on a priority and subscription basis for the customers who purchase a subscription with the music store.

Explanation / Answer

Discuss other potential pricing policies that might increase the revenue from Music Store sales.

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