Question: CleanTech plans to release a new robotic smart vacuum during the holiday season at $399 per unit. The company intends to bring the price down

CleanTech plans to release a new robotic smart vacuum during the holiday season at $399 per unit. The company intends to bring the price down to $249 within six months of its relea to attract buyers who couldn't afford the initial price. Which of the following pricing strategies is CleanTech using?

		market-penetration pricing
		market-skimming pricing
		competitive pricing
		cost-plus pricing
		product-line pricing

CleanTech plans to release a new robotic smart vacuum during the holiday season at $395 per unit. The company intends to bring the price down to $249 within six months of its release to attract buyers who couldn't afford the initial price. Which of the following pong strategies is cleanTech using? O market penetration pricing market-skimming pricing competitive pricing cost-plus pricing product-line pricing Eucerin Skin Care Products provides free samples to dermatologists and encourages them to distribute these samples to their patients and form them about advantages of using Eucerin. The manufacturer of Eucerin is using sales promotion O direct marketing a push strategy O a pull strategy a vertical diversification strategy

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Do you agree with the accounting treatment that Overstock typically applied to the revenues generated by its "Partner" line of business? Why or why not?

Question 53 of 58 Save Answ 53 2 points ting Mix consists of the 4 P's. One of those P's is place. Amway, an American marketing company, that manufactures beauty, home care, and health products. The...

Question 9 Jeremy Fragrance, a perfume manufacturer, plans to release a new fragrance during the holiday season at $ 9 9 per bottle. He intends to bring the price down to $ 4 9 within six months of...

Jeremy Fragrance, a perfume manufacturer, plans to release a new fragrance during the holiday season at $ 9 9 per bottle. He intends to bring the price down to $ 4 9 within six months of its release...

Apple plans to release a new phone during the holiday season at AED 8000. The company intends to bring the price down to AED 4000 within six months of its release to attract buyers who couldn't...

Consider and discuss the specific risks and nature of the company you will be auditing and create comprehensive work programs for the Inventory, Warehousing, and Payroll accounts and cycles. Submit a...

SEE BELOW ASSIGNMENT REQUIREMENTS! ALL WORK MUST BE ORIGINAL ! ANSWER WILL NOT BE ACCEPTED IF NOT MET REQUIREMENTS! Review the Form 10-K for the company selected for team assignments (ATTACHED) Write...

Review the Form 10-K for the company selected for team assignments Write a 1,050- to 1,400-word paper on the following: Management's Report on Internal Control Over Financial Reporting The...

In Practice Problem 24, what would the lease payment have to be for Paolo to be indifferent about whether the company buys or leases the Ferrari?

Norman is considering the purchase of some investment land from his neighbor, Robin, a high school math teacher. Robin purchased the land 10 years ago for $6,000. They have agreed on the overall...

Today you deposit $ 1 0 0 0 in an account paying 6 % interest. At the end of years 1 , 2 and 3 , you will deposit $ 1 0 0 in that account. How much will you have at the end of year 4 ? $ 1 , 5 9 9 ....

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...