ACTIVITY 7 Directions: Think and Match. Look for the best match of pricing strategies from the given responses inside the word pool. WORD POOL- Penetration, Skimming, Competition, Cost plus bundle1. A low price is set by the company to build up sales and market share. 2. A percentage is added to the costs as a profit margin to determine final price. 3. Supermarkets often use this method through their buy one get one free' offers. 4. The initial price is set high and may slowly be brought down. 5. Price lower to try to gain a wider customer base.
Answer (2)
Answer:Here are the best matches for each statement based on the pricing strategies in the word pool:1. Penetration – A low price is set by the company to build up sales and market share.2. Cost plus – A percentage is added to the costs as a profit margin to determine final price.3. Bundle – Supermarkets often use this method through their "buy one get one free" offers.4. Skimming – The initial price is set high and may slowly be brought down.5. Competition – Price lower to try to gain a wider customer base.Let me know if you need further clarification!
Answer:1. Penetration - A low price is set by the company to build up sales and market share.2. Cost plus - A percentage is added to the costs as a profit margin to determine final price.3. Bundle - Supermarkets often use this method through their "buy one get one free" offers.4. Skimming - The initial price is set high and may slowly be brought down.5. Competition - Price lower to try to gain a wider customer base.
