COMPARING THE PRICING STRATEGIES OF VARIOUS STORES Firstly‚ Wendy’s uses many different types of pricing methods to attract customers to buy their food items. One of the strategies they use is price discrimination (same product sold in different markets at different prices) by offering discounts to seniors for 10% and children with a hamburger Kid’s Meal for only $2.69. Wendy’s also uses promotional pricing (charging a low price to entice customers and to build brand awareness) by presenting discounts
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TWO WHEELER INDUSTRY Business Model of 2 wheeler Industry in India As shown above‚ the business model is formulated as input process output. For a two wheeler industry‚ The inputs to the OEM constitutes of 1. Import of parts: the basic ingredients for model building are the parts such as drive chains‚ engines‚ components‚ transmissions etc. 2. Auto Component Manufacturer: There are 300+ players in the industry which manufacture auto parts components and perform tasks such as castings‚ forgings
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System Sdn. Bhd. formerly known as FlyFirely Sdn. Bhd. It is a wholly-owned subsidiary of Malaysian Airline System Berhad. The head office of Firefly is located on the grounds of Sultan Abdul Aziz Shah Airport in Subang‚ Selangor. Firefly operates from two hubs which are Sultan Abdul Aziz Shah Airport in Subang‚ Selangor and Penang International Airport. Although Firefly is fully owned by Malaysia Airlines but it is managed by Firefly Sdn. Bhd. Firefly focuses on serving the dynamic Malaysia‚ Indonesia
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How Pricing strategies Affected the sales of MODE Accessories backpack Price makes up the one quarter of the controllable marketing mix factors and could be blamed for most company’s success or failure. This report will cover the affect pricing had on the sales of MODE Accessories backpack over a 6-term timeline‚ specifically focusing on the pricing strategy in the growth stage of the product‚ a rise in the market price due to a change in design and how a decision to change the target market
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Bridgestone Tyres: European Marketing Strategy Daniel Rahman October 24‚ 2011 Rhonda Payne Table of Contents Title Page…………………………………………………………... 1 Table of Contents……………………………………………........... 2 1.0 Executive Summary……………………………………………. 3 2.0 Problem Statement……………………………………............... 3 3.0 Situational Analysis……………………………………………. 4 3.1 TOWS Analysis………………………………………………... 7 3.2 PEST Analysis……………………………………………......... 12 3.3 Solberg’s Nine Strategic Windows…………………………….. 15 3.4 Porter’s Analysis………………………………………………
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Pricing Strategy ITC Foods Business Division (Staples) The FMCG & RETAIL Pricing Strategy UNDERSTANDING THE PROCESS FMCG Pricing Strategy is now a critical element of the management mix. Old school management responsibilities of Sales owning the trade spend budget and customer negotiations with marketing owning the Recommend Retail Price do not work in today ’s information driven age. Retail sales volume is now 80% controlled by 2-3 chains with a scattering
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2007 at a top price of $599 in the United States‚ the iPhone was one of the most anticipated electronic devices of the decade. Despite its high price‚ consumers across the country stood in long lines to buy the iPhone on the first day of sales. Just two months later‚ Apple discontinued the less-expensive $499 model and cut the price of the premium version from $599 to $399. Target Group A study conducted by Rubicon (2008) on iPhone users indicates that 50% of the surveyed users are age 30 or younger
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2.2Pricing Strategy Factors affecting pricing decision Kia Optima is one type of the oligopolistic competition market. It dominated by a small number of sellers‚ each seller is likely to be aware of the actions of the others. The prices might be uniform or not uniform to buyers. The price can be different at different places due to the reason of labor‚ resources‚ and taxes. Besides‚ there are few competitors include Toyota‚ Honda‚ and Hyundai. New Product Pricing Strategies Normally when
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1. Introduction Pricing strategies usually change as the product passes through its life cycle‚ because there is constrains on the company’s freedom to price a product at different stage. The purpose of this report is to determine and elaborate the elements in pricing strategies of Dell’s notebook. 2. Key Objectives Price is the amount of money changed for a product or service‚ or the sum of the values consumers exchange for the benefits of having or using the product or service (Kotler et al
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6 Tips to Bundle Your Two Wheeler Insurance Premium Choosing the ideal bike insurance plan is an overwhelming task when the market is flooded with so many options. However‚ your vehicle deserves nothing but the best. A lot of must buy features‚ affordable premiums‚ and a trustworthy brand is essential before you decide on that two wheeler insurance. Bharti Axa two wheeler insurance plans offer a comprehensive policy with all those perks. Why Bharti Axa Two Wheeler Insurance? As one of the leading
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