price
is the amount of money charged for a product or service. More
broadly, price is the sum of all the values that customers give up in
order to gain the benefits of having or using a product or service
“If
consumers thought the best deal was simply a question of money saved,
we’d all be shopping in one big discount store,”
“Hard
to find, impossible to pronounce, and prohibitively expensive.”
“the
key component for Banquet dinners—the key attribute—is you’ve
got to be at $1,” says ConAgra’s CEO, Gary Rodkin. “Everything
else pales in comparison to that.”
“Value
is the magic word,” says a P&G marketer. “
The
price of my product will be no higher than $2.99. I have chosen that
price the reasoning is because it will be sells in a bar and also its
a snacks. The price of a snacks shouldn't be any higher than $4.99
that cause it will be sells overprice. When go into a bar food is not
pricing and the meal is small not to big. When eating in a bar and
drinking customers just wants something small just to full them till
their next meal. Bar food is almost like finger food for guys
instead. Guys at bar don't have time to be clean and care about the
mess their creating. All guys care about in a bar sports game, who
winner, where their next drink and also where the food. The price of
my product will be low but yet small for any guy that could enjoy
while watching the next sports game. Also the bar would like my
snacks for their bar that cause its salty and that makes guys or
anyone drink more. Not only my product is making money but also bars
are making money on their different kind of alcohol.
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