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Life cycle-dependent pricing

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In each stage of a product's life cycle different pricing strategies are utilized. Please choose an example of a product or service representing pricing strategies in each stage of the product life cycle. Please be specific in your response.

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Solution Summary

Two examples and suggests for more on examples of a products requiring different pricing strategies in each stage of the product life cycle.

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Consider for your example something that has different approaches at each stage over time. How about, for example, a car?

A new car on a lot can be priced on marketing trends and new features, technology - like the first car model with automated breaking system (ABS) and a sporty look

However, when the car is sold as a used car, these issues are no longer relevant. New ABS systems are better and the notion of a sporty look ...

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