Marketing - What is the RIGHT Price for a Product?

Marketing - What is the RIGHT Price for a Product?

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Interactive Video

Business

University

Hard

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The video tutorial discusses the key factors marketers must consider when setting the price of a product. These include production costs, strategic goals, delivery costs, taxes, tariffs, and legal regulations. Each factor plays a crucial role in determining the right price to ensure profitability and market competitiveness. The tutorial emphasizes the importance of careful consideration of these elements to avoid common pricing pitfalls.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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