We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Elements of pricing in marketing - Assignment Example

Comments (0)
This report has been written in an attempt to explain how to successfully get customers to pay more for the product. The paper will also explain the strategy that can be implemented in order to raise the price of the product successfully…
Download full paper
Elements of pricing in marketing
Read TextPreview

Extract of sample
Elements of pricing in marketing

Download file to see previous pages... This research will begin with the statement that people make choices of different products and these choices are often resolved by the free play of market forces, and in this case it can be said that the resources are allocated through the price mechanism. This means that the individuals as consumers freely choose which goods and services they can purchase and the producers on the other hand freely decide which goods and services they will provide. In short, the price mechanism plays a significant role in influencing the consumers to purchase a product. As such, this paper seeks to explain the mechanisms that can be implemented in order to get the customers pay more for a product. Reference will be made to a cooling device for removing heat from subcutaneous lipid-rich cells US 8337539 B2. Statistics have indicated that excessive fat deposits in the body are detrimental to health since they increase the chances of developing diseases such as heart disease, high blood pressure, osteoarthrosis, bronchitis, hypertension, diabetes, deep-vein thrombosis, pulmonary emboli, varicose veins, gallstones, hernias, and several other conditions. Other methods such as liposuction have proved to be less effective in dealing with the problem which has resulted in the development of a new product. This cooling device has two cooling elements rotatable relative to each other and has proved to be very effective and can provide a lasting solution to the above mentioned problem. ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
Understand the individual elements of the extended marketing mix: Starbucks
Starbuck utilizes numerous pricing strategies for its products. The company uses a premium pricing strategy for its recognized brands due to the psychological association with quality. The company adjusts its prices upwards depending on the changing economic conditions in the market (Pride 2011).
5 Pages(1250 words)Assignment
Understand the Individual Elements of the Extended Marketing Mix
Proctor & Gamble Proctor & Gamble is a renowned American consumer goods company. The company is headquartered in Cincinnati, Ohio, USA. The organization was established by William Procter and James Gamble in the year 1837. The company serves over eighty countries across the world.
6 Pages(1500 words)Assignment
Pizza Hut Restaurants Chain within the UK Analysed with Marketing Mix Elements
Along with dedication, it requires preparation, money and time to execute. An effective marketing plan enables the company to use its assets in productive way. This paper deals with the marketing mix of Pizza Hut. It was 1958, when two brothers Dan and Frank Camey established the Pizza Hut in Kansas.
10 Pages(2500 words)Assignment
Marketing Plan - pricing
It also talked about the different types of strategies that a company can take to try to plan for these future events, and help price their product to the point where they can make the most money and profitability out of their product. Of these strategies the article mentions proactivity and competitiveness, both two important factors that we use in discussions about marketing.
2 Pages(500 words)Essay
Marketing managment
According to them “Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that
6 Pages(1500 words)Assignment
Marketing product and pricing
Through the use of advertisement and the ever so powerful word of mouth, the consistent theme of PS3 has created a strong brand image. Sony PS3 solid brand image has been reinforced and poses as a powerful purchase
2 Pages(500 words)Assignment
The basic concept is to make to most appropriate product that has to be available at the right place at right prices with most suitable promotion. These elements are called variables because they differ from
1 Pages(250 words)Assignment
Strategic Marketing
However, for further value addition in the marketing strategy and creating sensitive and brand loyal customers Nike should try to enhance its reach to the larger consumer segment. In view
12 Pages(3000 words)Assignment
Consumer Behavior - A brand will only succeed if the marketing mix convinces consumers that it satisfies their wants better than competing brands. For a consumer brand of your choice explain how marketing mix elements work together to influence consumer b
All the controllable factors available in an organization are essential for designing marketing mix of a particular brand. There are four tools which are generally utilized by a marketing manager in order to structure a marketing plan such as product, place, promotion and
12 Pages(3000 words)Assignment
The marketing mix
The product strategy works as an important tool in strategic planning and marketing by identifying the direction of the firm’s activities. The key principles of a product strategy include keeping track of competitors, focusing on the data, identifying actual customer
6 Pages(1500 words)Assignment
Let us find you another Assignment on topic Elements of pricing in marketing for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us