Target market and pricing strategy

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"Pricing Techniques" • From the second e-Activity, propose the new target market segment for the product and its accompanying pricing strategy (for example, bundling and couponing). Provide a rational for why you feel the new target market and pricing strategy would be successful and the likely impact to the profitability of the firm. eActivity • Use the Internet or the Strayer Library to research a product or service you are familiar to determine a potential new target market segment for this product or service. Be prepared to discuss. • The pharmaceutical industry often has the luxury of implementing pricing strategies that appear high to consumers. Take a position on the fairness of the industry’s approach to pricing pharmaceutical products including offering an alternative strategy that may be more palatable to consumers. Provide a rationale with your position.

Reference no: EM13148254

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