WorksheetsPricing Strategy
Total questions: 10
Worksheet time: 2mins
Which statement best describes "Price"?
The cost of producing items
The amount customers are charged for items
The profit earned from selling items
Creating an image for a product in the customer's mind is called:
Advertising
Labeling
Positioning
Distributing
Which of the following is a blending of the product, price, distribution (place), and promotion used to reach a target market?
Marketing Mix
Marketing concept
Marketing Strategy
Why Nike shoes so EXPENSIVE? pick the best answer.
NIKE looks great for all casual activities
Runners run smoothly when wearing this type of shoes
Nike has cutting -edge technology you won't find anywhere else
Nike is famous that why there are expensive
In setting your pricing strategy, we must NOT more focus on...
PROFIT
COST OF MATERIALS
CUSTOMER
COMPETITORS
What do we mean A strategic objectives in setting our price?
Serve as a Blueprint to our business
a sort of business plan
an action to fulfill to our desired outcomes
unintended plan for your business
What do you call a conditions in the market that influence over price?
number of buyers
number of sellers
number of products
depends on the situation
As a future marketer, what would be your first priority in setting your prices.
Product quality
Product cost
overall cost
more profit
This activity will help you to tell your customer about the product
Planning Promotional
ads
Marketing
Pricing
Label your product
Can you guess the exact price of this product?
total cost= 250.00
mark-up 15%
selling price= ????
212.50
287.50
1,600.00
265.00
