In this assignment, you will research and provide pricing examples that compare and contrast various factors that influence promotional strategies for each of the five pricing strategies: premium pricing, penetration pricing, economy pricing, psychological pricing, and promotional pricing. next, you will determine which pricing strategy is represented by your brand’s price and discuss why (or why not) the pricing strategy is effective. finally, you will discuss if the pricing strategy is aligned with the messaging strategy in the promotions. for example, if the pricing strategy is premium pricing, do the promotions communicate the high value of the brand?
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In this assignment, you will research and provide pricing examples that compare and contrast various...
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