How is your product or service priced today? How does this compare to competitors, assuming competitors are at or near break-even point with their pricing? Analyze pricing alternatives and make recommendations about pricing going forward.

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How is your product or service priced today? How does this compare to competitors, assuming competitors are at or near break-even point with their pricing? Analyze pricing alternatives and make recommendations about pricing going forward.
December 18, 2023 Comments Off on How is your product or service priced today? How does this compare to competitors, assuming competitors are at or near break-even point with their pricing? Analyze pricing alternatives and make recommendations about pricing going forward. best service, Business, Economics, Finance and Investment Assignment-help
Words: 81
Pages: 1
Subject: best service, Business, Economics, Finance and Investment
Topics: Current Pricing Analysis, Financial Break-Even and Profitability, Perceived Value and Brand Image

Assignment Question

Pricing Strategy How is your product or service priced today? How does this compare to competitors, assuming competitors are at or near break-even point with their pricing? Analyze pricing alternatives and make recommendations about pricing going forward based on the following:

  • How sensitive are your customers to changes in price?
  • What revenue do you need to break even and achieve profitability?
  • What does the price say about your product in terms of value, quality, prestige, etc.?

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