Question: Cost based pricing Value based pricing Competition based pricing Market skimming pricing Market penetration pricing Premium pricing Now you are required to select any six

  1. Cost based pricing
  2. Value based pricing
  3. Competition based pricing
  4. Market skimming pricing
  5. Market penetration pricing
  6. Premium pricing

Now you are required to select any six products one product for each pricing strategy and evaluate that pricing strategy on following grounds,

  1. Does that pricing strategy fit well with the product?
  2. How do rate that pricing in relation to its competitors?
  3. How do relate it with economic situation of the target market?
  4. What do you think if the pricing strategy is appropriate? If yes justify your answer, if not suggest the alternative strategy and justify.

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