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澳洲市场学assignment代写 营销概念
2020-07-01 21:32
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澳洲市场学assignment代写 营销概念
Marketing includes a very important concept that is marketing mix; it has four major components that are promotion, people, price and place. Nevertheless, in the marketing mix after the product, the second most important factor is the kind of price that is being used. This is because the distribution and the promotion mix can be modified by the kind of pricing being used. It can be an enormous job to set up the correct price for products and services while establishing a new company and it could be equally for a company that has year of existence on the market. The problem could be that if prices are set too high, the risk may be losing customer or customers may not be interested in the product at all. If prices are set to low, the risk may be not return on the investment and extremely low margins. Before stablishing a price, there are some factors that have to be taken into consideration and current market supply and demand, political and economic impacts and also competition levels guide those factors. The major focus should be in obtaining the correct price level during the price planning process where the sales and profits can be increase to the maximum, which will be up to your own marketing goals and objectives. There are several main types of pricing, however in this paper I will concentrate in doing an introduction of promotional pricing, why to use promotional pricing?, promotional pricing strategy, brand awareness, The advantages of using promotional pricing, Promotion Types and Promotion Cost vs. Lifetime Value
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