Read the following scenarios and decide which pricing strategies would be most beneficial. Answer the given...

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Read the following scenarios and decide which pricing strategies would be most beneficial. Answer the given questions/follow the instructions. (30%) 1. A videographer specializing in weddings currently charges $2,000 to shoot a wedding. She has been shooting weddings for over twenty years and has now booked some well-known clientele. Which two pricing strategies would be most strategic for this videographer and why? What other pricing recommendations would you make to this videographer? (35%) 2. Sam has created a clothing line that sells at a local boutique. Short-sleeved shirts are $40, sweaters are $60, hats are $20, and accessories such as socks are $15. Give Sam two psychological strategies to use to improve his pricing and hopefully increase product sales. Explain your answer. (35%) 3. Now assume that Sam's shirts sell for $400, his sweaters for $600, his socks for $150, and his hats for $200. Would your pricing strategy recommendations change any? Why or why not? Read the following scenarios and decide which pricing strategies would be most beneficial. Answer the given questions/follow the instructions. (30%) 1. A videographer specializing in weddings currently charges $2,000 to shoot a wedding. She has been shooting weddings for over twenty years and has now booked some well-known clientele. Which two pricing strategies would be most strategic for this videographer and why? What other pricing recommendations would you make to this videographer? (35%) 2. Sam has created a clothing line that sells at a local boutique. Short-sleeved shirts are $40, sweaters are $60, hats are $20, and accessories such as socks are $15. Give Sam two psychological strategies to use to improve his pricing and hopefully increase product sales. Explain your answer. (35%) 3. Now assume that Sam's shirts sell for $400, his sweaters for $600, his socks for $150, and his hats for $200. Would your pricing strategy recommendations change any? Why or why not?

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1 For the videographer specializing in weddings considering her experience reputation and clientele two beneficial pricing strategies could be a Value... View the full answer