Penetration pricing - Study guides, Class notes & Summaries

TRT1602 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (613418) - DUE 8 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9.......... Question 1 Not yet answered Marked out of 1.00 QUIZ Which of the following is untrue regarding the roles played by South African Tourism (SAT)? a. Markets South Africa locally and internationally b. Aims to make tourism the leading economic sector in South Africa c. Manages the grading ...

68. What is a limit price strategy? a. A strategy to deter entry by making sure that every niche or segment in the marketplace is well served b. A strategy to limit pricing to signal to a potential entrant that the incumbent could price the new entrant out of the market c. A strategy to upgrade technology to make sure new entrants have Trouble matching investments d. A strategy to invest in excess productive capacity to signal to potential entrants that if they enter, the incumbents have the...

AIPMM CPM Certification Questions and Answers Rated A+ Product lifecycle stages 1. Introduction 2. Growth 3. Maturity 4. Decline Product manager Product Managers investigate, select, and drive the development of products for an organization, performing the activities or product mgmt. Product Marketing Manager Act as the voice of customer to the rest of the product team and company. Business Model Framework that describes the rationale of how an org. creates, delivers, and captures value Reas...

What uncontrollable marketing element provides user input as to how the company delivers upon its value proposition? Quality control inspections Product delivery schedule Competitive elements Consumer feedback - Answer Consumer feedback Which controllable marketing function should a company use to achieve its firm-level goals and to satisfy the target customers' needs and wants? Sales Promotion Production Product - Answer Product Which controllable element is included in the m...

NASM Virtual Coaching Final Exam (Latest 2024 / 2025 Update) Questions and Verified Answers | 100% Correct | Graded A Q: Although not required, which courses are recommended before venturing into virtual coaching? Answer: NASM-CPT or NASM-CNC Q: Which of the following is not a competitive pricing strategy? Answer: Average Pricing Q: Which of the following is part of the sales funnel? Answer: interest Q: What is a customer acquisition cost (CAC)? Answer: The cost of a new customer to a business Q...

What does value in pricing emphasize? A) Features B) Benefits C) Costs D) Discounts ~ Benefits Which of the following is NOT one of the Seven Ps of Services Marketing? A) Product (Service) B) Branding C) Price D) Place (Distribution) ~ Branding What pricing strategy involves setting a high price initially and then gradually lowering it over time? A) Skimming Pricing B) Penetration Pricing C) Prestige Pricing D) Price Lining ~ Skimming Pricing Which of the following is NOT ...

3 internal pricing factors - Answer-1) Marketing Objectives- maximize profit, gain market share etc. 2) Marketing Mix strategy- price consistent with 3Ps 3) Costs 3 EXTERNAL pricing factors - Answer-1) demand for your product 2) competition (competitors prices, stregntgh of competition) 3) economy- cost of components, economic conditions inelastic demand - Answer-means that an increase or decrease in price will not significantly affect demand. products that do not have many substitutes...

NASM Virtual Coaching Exam (Latest 2024 / 2025 Update) Questions and Verified Answers | All Chapters Covered | 100% Correct | Grade A Q: Working on the business includes things such as Answer: Structuring corporate guidelines Q: What is a minimum viable product Answer: A quality product that is delivered quickly to market Q: When selecting a products price, what is not important to consider Answer: Ability to discount Q: Which of the following is part of the sales funnel Answer: Interest Q: Whic...

CPCA Practice Exam 2024 all of the above (panel data) -Answer-which of the following measures in panel data affect sales volume for a category? # of buyers and $/purchase HH penetration and volume per buyer HH penetration and buying rate All of these answers are correct warehouse shipment data -Answer-Which of the following data sources is the least useful when completing product assortment analysis? To identify the total value of all items included in the "basket" during an average s...

Internal/External Factors of Price - Answer-Internal Factors of Price: 1. Marketing Objective 2. Marketing Mix Strategy 3. Cost External Factors of Price: 1. Demand for your product. 2. Competition 3. Economy Price Elasticity - Answer-Elastic - Consumers buy more or less of a product when the price changes Inelastic- An increase or decrease in price will not significantly affect demand What happens to price/revenue when the demand is elastic/inelastic - Answer-Demand is... Pr...