Discussion Post: Marketing Strategies
Peter & Donnelly
What are some of the difference between demand influences and supply influences on our pricing decisions? After reviewing the resources and your research, consider the challenges marketers face as they seek to balance supply and demand. Increased prices typically result in lower demand and vice versa. However, this is not always the case. Identify a product in which a price increase or decrease resulted in the opposite demand and explain the factors why.
Chapter 11: Pricing Strategy
Blog:
a) How to Price Your Product: 5 Common Strategies
b) How to Choose a Pricing Strategy for Your Business.
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.