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Marketing: Brands and Prices

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*Select a product or service.
*Describe the product or service. What is it?
*Then select three different organizations that provide your exact same brand, size, or model of the selected product or service and compare the prices associated with your selected product or service. Who are the organizations and what price is each one charging?

Discuss:
*Using your own analysis skills and the information you have learned from class so far, what is the possible rationale for the difference (or lack of a difference) between prices among the different organizations?

(The product that I select is Sephora nail colour by O.P.I and the other organization NARS nail polish and Illamasqua nail varnish)

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Solution Summary

The following posting answers questions about marketing. Concepts discusses include brands and prices.

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Selection of the Product:

The product selected is a nail product that is called; Sephora nail colour a product of the O.P.I Company. This commodity is a fashion-forward wearable nail polish that is designed for the modern woman who has style and taste. It is an effective, safe, and environmentally conscious nail colour. Sephora nail polish is a commodity from a line of brands with 54+trend setting shades that can be worn at every function. Bright colors are intact for the fun days and the bold colors give the users the appropriate office look that is elegant yet professional.
The organizations that are providing the same brand of products are; NARS nail polish and ...

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