Scribd Logo
Upload

Welcome to Scribd!

  • Final Pricing Strategy

    Uploaded by

    LEAH BARRIENTOS FRESNILLO
    8 views1 page
    The researchers surveyed customers using Google Forms to determine appropriate pricing for products sold regularly or in platters based on customers' willingness to pay. Product costs were then adjusted based on survey accuracy. Each product's regular price will be maintained but may change with economic or ingredient costs, and any price changes will factor into evaluating customers' ability to purchase. The company will use penetration pricing, providing high quality products at lower than expected costs, to help enter the market as a newcomer and boost customer satisfaction despite established competitors.

    Original Description:

    Pricing Strategy

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The researchers surveyed customers using Google Forms to determine appropriate pricing for products sold regularly or in platters based on customers' willingness to pay. Product costs were then adjusted based on survey accuracy. Each product's regular price will be maintained but may change with economic or ingredient costs, and any price changes will factor into evaluating customers' ability to purchase. The company will use penetration pricing, providing high quality products at lower than expected costs, to help enter the market as a newcomer and boost customer satisfaction despite established competitors.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views1 page

    Final Pricing Strategy

    Uploaded by

    LEAH BARRIENTOS FRESNILLO
    The researchers surveyed customers using Google Forms to determine appropriate pricing for products sold regularly or in platters based on customers' willingness to pay. Product costs were then adjusted based on survey accuracy. Each product's regular price will be maintained but may change with economic or ingredient costs, and any price changes will factor into evaluating customers' ability to purchase. The company will use penetration pricing, providing high quality products at lower than expected costs, to help enter the market as a newcomer and boost customer satisfaction despite established competitors.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    The researchers used the survey questionnaire to determine the pricing of each product, whether it is

    purchased on a regular basis or as a platter. The researchers sent survey surveys via Google Forms, with

    prices based on the respondents' willingness to pay. Then, based on its accuracy, the product costing

    was promptly altered to compensate for the survey questionnaire .

    Each product's regular price will be maintained, but it will be changed in accordance with the economic

    growth of the country or the product cost of minor and major ingredients. Any change in product prices

    will be included in into the basis for evaluating a consumer's ability to purchase the product.

    Snack Spot will apply the Penetration Pricing Strategy in any situation. This technique provides a high-

    quality product at a significantly lower cost than anticipated. Considering Snack Spot is a newcomer to

    the industry, this utilization will aid the company's entry into a market despite the presence of

    compelling competitors. Consumers' customer satisfaction will significantly boost as a result of the

    exceptional first product, and they'll expect great products will continue to be available in the years

    ahead

    You might also like