Marketing: Alternative Pricing Strategies

Marketing: Alternative Pricing Strategies

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

10th - 12th Grade

Medium

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Quizizz Content

Used 1+ times

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The video tutorial covers various pricing strategies such as discount, segmented, geographic, promotional, psychological, value, and international pricing. It then introduces the concept of distribution, focusing on physical distribution and the different channels used to distribute products, including direct and indirect marketing channels. The tutorial concludes with a discussion on channel conflict, explaining horizontal and vertical conflicts within distribution channels.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which pricing strategy involves setting a high price to create a perception of value?

Promotional Pricing

Value Pricing

Psychological Pricing

Discount Pricing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is another term used for 'place' in marketing?

Product

Distribution

Promotion

Pricing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of distribution channel involves selling directly to consumers?

Direct Marketing Channel

Indirect Marketing Channel

Wholesale Channel

Retail Channel

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most common form of an indirect channel?

Producer to Consumer

Producer to Retailer

Producer to Distributor

Producer to Wholesaler to Retailer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of conflict occurs when businesses at the same level of a channel disagree?

Horizontal Conflict

Vertical Conflict

Lateral Conflict

Diagonal Conflict

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a vertical conflict, what typically causes tension between channel members?

Product Quality

Pressure from Larger Members

Price Wars

Customer Complaints

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of a vertical conflict in a distribution channel?

Retailers selling expired products

A producer forcing retailers to sell additional products

A wholesaler refusing to supply a retailer

Retailers competing for customers