I need help with this assignment. The name of the business is a CLOTHING BOUTIQU
ID: 332171 • Letter: I
Question
I need help with this assignment.
The name of the business is a CLOTHING BOUTIQUE in Michigan......
m9 pricing strategy
Respond to each of the following writing prompts to describe your pricing strategy in fully developed complete sentences that stand on their own without the writing prompt 1. Wher e should you want your pricing to position your business in the competitive landscape - low end, mid-range, or high end? How does this pricing intended image for the business? 2. Provide a representative price list for the products and or services your business Your price list can contain a representative sample of your product should will offer. service offerings with a price range for each category. What is a good starting point in establishing your price list is to review competitors prices?Explanation / Answer
Pricing strategy of clothing boutique in Michigan
1.As the clothing boutique would stock high brand fashionable products meeting the current fashion needs tailored by renowned fashion designer hence the pricing would be high end.
2. In order to establish the business it is better to offer discount in price when compared to the competitors price so as to attract new customers. in order to represent the price the advertisement for the boutique would mention that the prices starting from $1000. Advertisement would also include sample product along with its price range.