Describe the contents of the memo Product

Reference no: EM133088425

Introduction

Busienss - Online boutique SWB

Describe the contents of the memo Product or Service Briefly describe your product (online boutique- retail eccomerce)
. (Address the prompts below) What utility or benefit does it provide to consumers? Has your company offered this product or service in the past?

Which competitors offer the same or similar products or services in the market? How has you company tried to stay competitive in the past? Price Discrimination Proposals Briefly describe one price discrimination technique that you will use.
(Address the prompts below) What is the current price?

What will the new price be?

How will this technique generate more profits?

Briefly describe a second price discrimination technique that you will use. (Address the prompts below) Answer the same questions as above for this technique Impacts on Market Demand Explain and quantify how your proposal will impact sales within the first three months. o Quantify using your assumed logic and consider displaying the impact in a data table.

If actual data is not available or not permitted by the company for use in this assignment, you may use hypothetical trends or data, based on your understanding of similar companies in the industry.

Reference no: EM133088425

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