Appliance manufacturers promote service contracts

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Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits? Describe your answer.

1. A local restaurant/bar offers discounted drinks through â happy hour, from 5 to 6 PM on weeknights.

2. The price Company X charges for its ink cartridges is nearly as much as it charges for a printer.

3. Packs of 5 T-shirts cost $10 while an individual T-shirt costs $4.

4. Coupons for specials at a local grocery store can be downloaded from an online site.

5. Computer and appliance manufacturers promote service contracts.

6. Microsoft Office includes several programs in one package.

Reference no: EM13686161

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