Homework: Price and Channel Strategy (Samsung is the product)
Purpose of Homework
This homework is designed to help students analyze and understand how price setting and go to market (distribution) are interrelated and affects the profitability and growth of the business. It has been designed to be a short overview on purpose: the concepts of pricing and distribution are complex and a general understanding is what should be absorbed in one week of study.
Task
Construct a minimum 700 words plan for setting price and a distribution model (place/distribution) in Microsoft Word. This plan should address at least three elements (from the Price and Place/Distribution list below) of the Price and Place/Distribution section of the marketing plan.
1) Price and Place/Distribution:
2) Distribution Strategies
3) Channels, Mass, Selective, Exclusive
4) Positioning within channels
5) Dynamic/Static Pricing Strategies
6) Channel tactics (Pricing)
7) Daily pricing, promotion pricing, List pricing
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.