What pricing strategies is Nike following? What will be the key factors in making these strategies a success? How do you know this to be true (how can you back it up)?© BrainMass Inc. brainmass.com October 10, 2019, 2:43 am ad1c9bdddf
Nike follows premium pricing strategy. It focuses on those customers that value product quality and utility more than its price. They target the customers who are likely to develop product intimacy and thus, give priority to quality rather than the price of the product and are willing to pay premium for the product. ...
This solution discusses pricing strategies for Nike.