Pricing strategy
Identify a product that you think you have paid either too little for or too much for. Identify the pricing strategy you think the company is trying to implement (based on the assigned reading) and evaluate the effectiveness of the strategy. Use at least two sources to justify your answer. You should also use outside research (at least two sources), evaluate the effectiveness of the strategy, and address the competitor’s response to the pricing decision
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Bottled water is an expensive product. The product is far not worth the price. For instance, Evian bottled water is three times the price of other brands. The price of the water ranges from $47- $82 in the United States for a liter. The price may prompt other consumers to opt for other brands or even prefer tap water which is a cheaper option. However, users are different………………………………
APA
525 words
