Marketing Price Change
Not what you're looking for?
You are contemplating a price change for an established product sold by your firm. Write a memo analyzing the factors you need to consider in your decision.
Purchase this Solution
Solution Summary
The solution writes a memo that considers a price change for your product.
Solution Preview
http://smallbusiness.chron.com/list-factors-consider-setting-product-price-49478.html
When contemplating a price change for an established product, the business should ensure that it sums up all the costs associated with the new price change as well as the profit margin for changing the price for the established product. Market demand is another factor that needs to be considered because if the product is a high demand item, it could be feasible to charge a ...
Purchase this Solution
Free BrainMass Quizzes
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
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.
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.