Over and Under Pricing - Discussion
Not what you're looking for?
Using the concepts of "Over" and "Under" pricing:
Give an example of both a product which you felt was â??under-pricedâ? (relative to what you were willing to pay), explaining why you felt it was under-priced, AND a product you felt was â??over-pricedâ? (relative to your valuation of it) but you paid for it anyway.
Explain both situations as fully as possible including any effect on your opinion of or attitude towards the brand explaining why you bought the thing you thought was "over-priced".
Purchase this Solution
Solution Summary
Over and under pricing discussions are examined.
Solution Preview
A product I feel was under priced recently, is the comforter I purchased for my newly redecorated bedroom. A full size comforter of average and at least adequate thickness, attractive design, in the color scheme desired was priced at least $20 under what I was willing to pay. The stitching, seams and overall quality of the product is comparable to that of products sold in higher end stores that sell bedding. Having a very dark color that does not bleed ...
Education
- MEd, Jones International University
- BSc, DeVry University
- MPH, Walden University
Recent Feedback
- "Thank you so much!"
- "Great work"
- "thanks for the information"
- "Thanks for the information"
- "Excellent Work, very well-written, clear and concise."
Purchase this Solution
Free BrainMass Quizzes
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Accounting: Statement of Cash flows
This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.