Determine your price objective with your justification

Assignment Help Marketing Management
Reference no: EM133608466

Discussion Post: Pricing

Pricing Strategies Assume you are the marketing manager for a local cable company. You have some direct competitors including AT&T U-verse and the Dish Network. Using the six steps outlined in your textbook for setting a pricing policy, prepare a report for your Vice President on your suggested pricing strategy for your service.

Be sure to include the following in your report:

Question 1. Determine your price objective with your justification.

Question 2. Determine the demand of your service and how this influences your pricing strategy.

Question 3. Estimate your cost elements and analyze how this will influence the price of your service.

Question 4. Propose a competitive price analysis.

Question 5. Select your pricing method and determine your final price along with your justification.

Reference no: EM133608466

Questions Cloud

Determining the risk of rhesus illness : determining the risk of Rhesus (Rh) illness, which occurs when a Rh-negative mother's immune system attacks the Rh-positive blood of her Rh-positive fetus.
How does the web site influence your perception of the brand : Did you learn anything new about the brand and its history by visiting the Web site? How does the Web site influence your perception of the brand?
Describe a situation in your personal or professional life : Explain whether you believe you truly see your patients' needs and listen to them before offering solutions. Do you observe it in your personal life?
How many shares of common stock are outstanding : If a corporation has net income of $439,050 and $2.1542 EPS, how many shares of common stock are outstanding? Assume they have no preferred stock
Determine your price objective with your justification : Determine your price objective with your justification. Determine the demand of your service and how this influences your pricing strategy.
Which step of the client values clarification process : The client proudly tells the nurse without a doubt being actively involved in her young children's lives is the most important part of her life.
How can a sound understanding of risk and return : How can a sound understanding of risk and return impact the overall composition of an individual's investment portfolio
Research and analyze different clinical information systems : Research and analyze different clinical information systems, and explain their functionality and features, that may fit best in your healthcare setting.
Determine how many units were started and completed : Compute the total units to account for and Determine how many units were started and completed.

Reviews

Write a Review

Marketing Management Questions & Answers

  How your team has optimized the process

How the new process will address each of Deming's 14 points, as compared to the old process. How your team has optimized the process.

  Company external and internal environments

Evaluation of a company's external and internal environments is vital in order for managers to be able to formulate strategy.

  What products are best suited to a market-based strategy

What products are best suited to a market-based strategy and why? With examples, demonstrate how pricing impacts other aspects in the international marketing

  What is scanning in regards to marketing environment

What is Scanning in regards to Marketing Environment?

  How might one segment jones blair market area

How might one characterize the architectural paint coatings industry? Which segment(s) represent opportunities for Jones Blair?

  Prepare organized report for sos-c of toolscorp corporation

As members of the senior management team of ToolsCorp Corporation, your group has been asked to prepare a neat and organized report for the Strategic Officers.

  Which form of media would you use for new product

Suppose you are the advertising manager for a new line of children's fragrances. Which form of media would you use for this new product?

  Discuss the risks vs benefits of benchmarking

How do you benchmark yourself against your peers? Why do companies benchmark themselves? Discuss the risks vs. benefits of benchmarking

  Discuss the guestroom technologies

Discuss the Guestroom technologies. Globally, Include smart cards, phone, cable, entertainment and locking systems, room selection and personalization

  Identify if there have been changes in purchasing patterns

Conduct an environmental scan for your chosen company to identify key trends. For each of the five environmental forces (social, economic, technological, competitive, and regulatory), identify trends likely to influence your company's marketing e..

  Define internet retailing

Define Internet retailing and describe the current state of Internet retailing. How have companies had to adjust their retail strategies as a result?

  How do you think a manager personal insight and experience

How do you think a manager's personal insight and experience play a role in predicting future sales, apart from just relying on data?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd