Maximizing profitability for your product-service


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Question 1. What channel strategy (direct or indirect) would you use to achieve the ideal market exposure if you were developing the place plan for your product/service and target market. What is the ideal market exposure for this product/service? What is your rationale for these recommendations?

Question 2. What pricing policy would you use to maximize profitability for your product/service and target market? Again, be explicit by communicating your critical thinking and supporting it with references to your textbook.

Price and Product Positioning.

Question 3. What does a product/service pricing strategies communicate to it's target market about the product's market positioning? Be explicit.

The product/service is the following:

The product that I am using for my project is a software package that allows consumers to prepare their own offer in compromise (tax settlement). My target market is budget consumers who owe IRS tax debt and cannot afford to hire a tax attorney. These consumers are likely lower to middle class non-professionals ages 25-50.

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Marketing Management: Maximizing profitability for your product-service
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