Price is the only element in the marketing mix that


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.

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Finance Basics: Price is the only element in the marketing mix that
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