How do marketers use psychological pricing

Assignment Help Business Management

Reference no: EM131289962

1. How do marketers use psychological pricing to communicate something about the product?

2. What is the Consumer Price Index (CPI)? Select one of the reports available at www.bls.gov/cpi/home.htm and create a presentation on price changes over the past two years. Discuss reasons for those changes.

Reference no: EM131289962

Questions Cloud

Describe the cost plus pricing method : Describe the cost-plus pricing method and discuss why marketers use it even if it is not the best method for setting prices.

Describe the two broad new product pricing strategies : What is price elasticity? Why is it important for marketers to consider price elasticity when making pricing decisions?

Calculate both the percentage appreciation of the currency : State which currency appreciated and which depreciated over the last month, and then calculate both the percentage appreciation of the currency that rose in value and the percentage depreciation of the currency that declined in value.

What other factors might contribute such as financial issues : What other factors might contribute such as financial issues, etc.? Make sure to include at least one paragraph in your response and explain your answer with detailed information.

How do marketers use psychological pricing : How do marketers use psychological pricing to communicate something about the product?- What is the Consumer Price Index (CPI)?

Determine the minimum average cash balance : Determine the minimum average cash balance that would make this ZBA a benefit to the fi rm. Assume a 365-day year.

Identify the recommended childhood immunizations : Identify the recommended childhood immunizations. Explain the dose schedule, the side effects, booster needed, and the potential complications of each immunization.

How dynamic pricing can be applied based on information : Suggest another example of how dynamic pricing can be applied based on information obtained from consumers' digital behavior on the Internet, use of social media, or through mobile technology usage.

Determine the minimum average cash balance : Determine the minimum average cash balance that would make this ZBA a benefit to the fi rm. Assume a 365-day year.

User Account

All Pages