Write your analyses of the next two p's (place and price) for the company Apple Inc product/service
Question:
Write your analyses of the next two p's (place and price) for the company Apple Inc product/service is iphone smartphone.
Your place analysis should discuss distribution channels (how are they getting their product to market?) it should also look at where the product is being sold and the approach to inventory. your price analysis should describe the pricing system in place. is it cost-based, value-based, or competition-based, and how did you come to that determination? include an evaluation of the pricing strategy in your analysis. you will be addressing two of the p’s – place and price. you need to break them out and address each one of them separately, thinking of the specific requirements for each. as usual, you need section headers to the reader can tell where one section ends and the next one begins. In the past, some have struggled with the place/distribution section. Here are some thought starters: where can I go to purchase your product? this is the main question that needs to be answered. in addition, what are the special circumstances that apply to your product. is your product perishable? are there any inventory concerns? is it found all over the us or is it regional? where is it located – is it in a strip mall, stand along building. describe the storefront. how does the company get its product to market? how about online – is there an online component? is there a store locator? explain how this works. any special needs to distribute online? even if your company does not offer online purchase, you can still discuss the web site. these are just a few notes to help you get going. Just tell me where the customer can go to get your product – how your company makes its product available to the customer. And describe that process. As for price – you can include competitive information here and talk about your company’s position in the market. But give pricing details for your product first. You have to provide a specific price for your product. How much does your product cost? The price of your product needs to be featured in this section. Does the price depend on various options chosen – like a car for example? If so, what factors can affect the price. Does it matter where it is purchased from? Who is the competition and what the price of their product is.