Module 3 Assignment 2: Pricing Approaches/Strategies Module 3 Assignment 2: Pricing Approaches/StrategiesOverview


Module 3 Assignment 2: Pricing Approaches/Strategies

Module 3 Assignment 2: Pricing Approaches/StrategiesOverview:For this assignment, you will be doing an online scavenger hunt to find examples of different pricing strategies/approaches. You will post your findings on a shared discussion board so that you can see what your classmates found. (You will not need to respond to classmates). Please follow the specific instructions below.Instructions:

  1. When it comes to setting prices, companies have a variety of pricing approaches to utilize.
  2. Consider the following pricing approaches/strategies:

    Skimming price strategyPenetration pricing strategyEveryday low pricesCost-plus pricingMarkupMarkdownsOdd-even pricingPrestige pricingPrice liningDemand backward pricingLeader pricingSealed bid pricingOnline auctionForward auctionReverse auctionGoing-rate pricingPrice bundlingCaptive pricingProduct mix pricingTwo-part pricingPayment pricingPromotional pricingPrice discriminationPrice adjustmentsQuantity discountsTrade allowances

  3. Search online shopping websites to find examples of at least five (5) of the pricing approaches used above.
  4. Create a post in the shared discussion board and include the following:
    1. Identify the product and website and the pricing approach/strategy that it utilizes.
    2. Provide a link to the website showing this strategy, and provide a brief description of how this strategy is used.
    3. Do you feel that their chosen strategy is effective?
    4. If you were the marketing manager, what other pricing strategies would you recommend?
  5. We will share these to a discussion board (so that classmates can see your examples), but you are not required to respond. You will need to post your examples before you will be able to see your classmates’)

    Calculate the price of your order

    550 words
    We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
    Total price:
    The price is based on these factors:
    Academic level
    Number of pages
    Basic features
    • Free title page and bibliography
    • Unlimited revisions
    • Plagiarism-free guarantee
    • Money-back guarantee
    • 24/7 support
    On-demand options
    • Writer’s samples
    • Part-by-part delivery
    • Overnight delivery
    • Copies of used sources
    • Expert Proofreading
    Paper format
    • 275 words per page
    • 12 pt Arial/Times New Roman
    • Double line spacing
    • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

    Our guarantees

    Delivering a high-quality product at a reasonable price is not enough anymore.
    That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

    Money-back guarantee

    You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

    Read more

    Zero-plagiarism guarantee

    Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

    Read more

    Free-revision policy

    Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

    Read more

    Privacy policy

    Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

    Read more

    Fair-cooperation guarantee

    By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

    Read more
    Open chat
    Hello. Can we help you?