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Importance of pricing strategies

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What are three lessons learned relative to the importance and effectiveness of various pricing strategies? What are the three lessons learned relative to the importance and effectiveness of distribution channel options? (At least 200 words).

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A discussion on three important reasons for pricing strategies.

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Since I do not know if there was a reading attached to the question I can only give you some guidance in the answer.

Three lessons I would assume were important are that price strategy can make good sense for a target market. One does not price a Ford Focus for a target market that can afford a Mercedes. Over pricing can also hamper sales and miss the target market because they cannot afford the product. The second is ...

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