Marketing: Alternative Pricing Strategies

Marketing: Alternative Pricing Strategies

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

10th - 12th Grade

Hard

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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.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the characteristics of discount products?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the concept of segmented pricing and provide an example.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the difference between geographic pricing and segmented pricing?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe promotional pricing and its legal implications.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is psychological pricing and how does it affect consumer perception?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

Define value pricing and give an example of how it is applied.

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two types of channel conflict mentioned, and how do they differ?

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