Question: passage require analysis and breakdown Understanding the clients needs would be priority and what they are able to afford. You can have a high-end bicycle
passage require analysis and breakdown
Understanding the clients needs would be priority and what they are able to afford. You can have a high-end bicycle and marketed to the right people. Marketing creates awareness. Sales brings clients from awareness into a business relationship. (Dill, 2019) Understanding the need of the customer means offering payment plans for clients. When marketing, the client should always be receiving the same message, from start to finish. When a product is first introduced, a business may use premium pricing strategy. However, the goal is to offer a bicycle that will be a large competitor, a business should use the penetration pricing strategy, offer goods at a lower price. Depending on demand, a business should either move to using a bundle pricing strategy, for unsold products that would cost higher sold separately, or a premium pricing strategy. Offering unique properties with sold goods.
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