How does price impact your purchase decision for product

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Reference no: EM132086720

Question: 75-150 words

The Impact of Pricing

• Price is the only element in the marketing mix that produces revenue all other elements represent costs.

• How do price decisions affect the other three P's? Select a product that you regularly buy.

• How does price impact your purchase decision for this product?

• How does it impact your perception of the brand? Does the company's pricing strategy help build a long-term relationship with you by creating value?

• Why or Why not?

• Remember to include the link to your product of choice in your discussion board response for others to review.

Reference no: EM132086720

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