Tommy Hilfiger - Charging Different Prices for Its Products in Europe and in the US - Case Study Example

Moreover, with the advancement in technology, Hilfiger can now establish an online store that can sell its products on an international scale at a reduced price.... Information technology might prompt the firm to expand its ventures into the international markets.... Information technology might prompt the firm to expand its ventures into the international markets.... ilfiger might also be prompted to expand its operations in the international markets in order to increase its economic profits....

Participating in different international markets means that the acceleration of ideas is achieved ensuring that new merchandise, which is suitable for a given environment can be produced (Hitt, Ireland and Hoskisson, 2010).... Moreover, participation in different international markets provides a platform for achieving economies of scale.... In addition, raw materials can be accessed from different regions meaning that the price of raw materials can suit the different environments and also reduce the cost of producing the merchandise (Hitt, Ireland and Hoskisson, 2010)....

… The paper "tommy hilfiger PESTLE Analysis " is a good example of a business case study.... nbsp;Economic factors are the factors that are concerned with the trends of economic performance in the different businesses like those used in tommy hilfiger.... The paper "tommy hilfiger PESTLE Analysis " is a good example of a business case study.... nbsp;Economic factors are the factors that are concerned with the trends of economic performance in the different businesses like those used in tommy hilfiger....

… The paper 'Impacts of Different Factors on the Price of Beef products" is a great example of business coursework.... Similar incidents have been observed in the pricing of beef and other agricultural food products (Bopape, 2002).... The paper 'Impacts of Different Factors on the Price of Beef products" is a great example of business coursework.... Similar incidents have been observed in the pricing of beef and other agricultural food products (Bopape, 2002)....

Additionally, the paper discusses the economic conditions that make sellers tag different prices for their customers.... However, price discrimination might limit the company from competing because consumers might switch to other related products in the market quickly.... In this aspect, customers buying large quantity products they pay less compared to buyers purchasing in small units.... If buyers discover that the company has been discriminating against clients regarding prices, they switch to competitors' products....

The fluctuation of foreign currencies is another major aspect that determines the price of products in global markets (Hollensen, 2016).... nbsp;Global companies mainly perform international marketing, and Allsmile is one of the companies that need international marketing for their products (Gillespie & Hennessey, 2011).... nbsp;Global companies mainly perform international marketing, and Allsmile is one of the companies that need international marketing for their products (Gillespie & Hennessey, 2011)....