Sales Oriented Pricing Strategy

Sales Oriented Pricing Strategy

Assessment

Interactive Video

Business

University

Hard

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The video discusses the importance of pricing decisions in marketing, focusing on sales oriented pricing strategies. It explains how prices can be set based on sales targets or market share goals, and the implications of these strategies, such as the potential for downward pressure on prices. The key is to balance sales growth with cost coverage.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does a sales oriented pricing strategy affect product pricing?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What should marketers be cautious about when setting prices to increase sales?

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