Description of the three pricing strategies

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Question

1. A brief description of the three pricing strategies, from least to most expensive strategy.

2. Classifications of the five brands into the three pricing strategies: penetration, neutral, and skim.

3. Did your perception of these chains' pricing strategies change based on this exercise? If so, how?

4. For you, which of these chains represents the greatest value and why? Explain how each of the four Ps of the marketing mix contributes to your answer.

Reference no: EM133948447

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