Assignment: The Impact of Pricing
• Price is the only element in the marketing mix that produces revenue all other elements represent costs.
• How do price decisions affect the other three P's? Select a product that you regularly buy.
• How does price impact your purchase decision for this product?
• How does it impact your perception of the brand? Does the company's pricing strategy help build a long-term relationship with you by creating value?
• Why or Why not?
• Remember to include the link to your product of choice in your discussion board response for others to review.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.