What are the psychological pricing considerations

Assignment Help Marketing Management
Reference no: EM13869742

As you market yourself to employers, the salary you demand is essentially your personal price. Keeping that in mind, what pricing strategy should you follow (penetration, skimming, or competitive)? Why? Issues to consider:

Who is your target market?

How would you position your price to this market?

What are the psychological pricing considerations?

What are the image considerations?

What are the promotional considerations?

Be creative as you prepare your strategy-a novel approach could give you an edge in a competitive job market.

Reference no: EM13869742

Questions Cloud

Discuss what the costume design tells the viewer : discuss what the costume design tells the viewer
What is value of limited brands stock when required return : What is the value of Limited Brands stock when the required return is 13.5 percent? Financial analysts forecast Limited Brands (LTD) growth rate for the future to be 11.5 percent.
Species of animals seem to prefer social living environments : species of animals seem to prefer social living environments
Prepare the journal entry for this sale, assuming : On January 1, 2009 Snow Corporation purchased 20% of the 200,000 outstanding shares of common stock of Garvey Company for $4.00 per share as a long term investment.
What are the psychological pricing considerations : How would you position your price to this market? What are the psychological pricing considerations? What are the image considerations? What are the promotional considerations?
How much capital steven will need to be able to retire : Using calculations, explain to Steven why it is realistic to use a wage replacement ratio of 80%. Using the annuity method, calculate how much capital Steven will need to be able to retire at age 68.
Conservation of mass-compressor-heat exchanger : Steam is pumped into a tank, where it condenses and leaves as a liquid. The data at the entrance and exit of the tank are shown in the figure to the right. Determine the mass flow rate entering and exiting the tank, as well as the rate of change o..
How could you incorporate motivational interviewing : How could you incorporate Motivational Interviewing (M I) strategies into some of the approaches that have been discussed already? In which approaches would it seem inappropriate to draw from MI? Explain
Calculate the capital needs of the couple at retirement : Calculate the current cost of Jazz's college education. Calculate the capital needs of the couple at retirement and the current value (today's value) of their retirement needs.

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd