Question.2592 - Pricing is one of the most important, yet difficult, aspects for a business. How do you set your prices? For this discussion, I want you to set the price of this flower arrangement. It has 24 purple mums, 16 orange mums. 16 mini red mums, 10 un-bloomed green mums, one pink rose, 5 birthday candles, on a plastic stand. Cost of Packaging is $9.78. You will need to determine price of flowers as they will vary depending on your pricing strategy. Standard delivery is $10. What other facts do we need to know before you can even think about pricing? Start your posts with clearly stating the textbook pricing strategy you are using. Be sure to arrive at a price that makes sense to the declared strategy. (Hint: You can't be the highest quality and the lowest priced; that doesn't fit a strategy) First, watch this short video Link (https://youtu.be/CiQ6rBTrkC0)(https://youtu.be/CiQ6rBTrkC0) Be sure to include the following 1. Segment and choose a target market. Explain why this is the market and why the other ones are not. 2. Use one of the pricing strategies discussed in the textbook. 3. Explain why and how you arrived at your price2/13/23, 6:59 PM Topic: Week 6 Concept Discussionhttps://worldclassroom.webster.edu/courses/1430763/discussion_topics/4386229 2/4 4. Explain how your target market will react to the price and why. This must be based on what you learned about consumer behavior not just an opinion. In other words, you cannot simply price the arrangement at $9.99 and target low income and say they will by it because that's all they can afford. That is opinion. 5. Include detail about the research conducted to arrive at the price - you cannot set price in a void. it must be founded in research. Post your original post by Wednesday night at midnight. This rubric will be used to grade each week. discussionboard_rubric.docx (https://worldclassroom.webster.edu/courses/1430763/files/69356192/download?wrap=1)
Answer Below:
My target market will be based on the behavioural aspect. I will mainly target the youth in this segment. I will target the youth because believe more...
My xxxxxx market xxxx be xxxxx on xxx behavioural xxxxxx I xxxx mainly xxxxxx the xxxxx in xxxx segment x will xxxxxx the xxxxx because xxxxxxx more xx the xxxxxxx strategy xxxx the xxxxx age xxxxxx A xxxxxxx of xxxxxxx is xxxxxxxxxx to xx a xxxx option xxxx they xxx in x dilemma xxx pricing xxxxxxxx which x will xxx in xxxx case xx the xxxx plus xxxxxxx strategy xxxx is xxxxxxxxxx to xx one xx the xxxxxxxx forms xx pricing xxxxxxxx as x certain xxxxxxxxxx is xxxxx to xxx cost xx production xxx pricing xx the xxxxxxx needs xx be xxxx in xxxx a xxxxxx so xxxx it xx affordable xx everybody xxx average xxxxx of xxxxxx mum xxx average xxxxx of xxxxxx mum xxx average xxxxx of xxxx red xxx The xxxxxxx price xx un-bloomed xxxxx mum xxx average xxxxx of xxx pink xxxx The xxxxxxx price xx birthday xxxxxxx The xxxxxxx price xx the xxxxx Cost xx packaging xxxxxxxx Delivery xxxxxxxxx the xxxxx cost x mark xx of xx added xx the xxxxx cost xx the xxxxxxxxxxxxxxxx the xxxxx selling xxxxx of xxx bouquet xx my xxxxxxx the xxxxxxx is xxxxxxxxxx priced xx it xxx be xxxxxxxx a xxxxxx price xxx the xxxxxxxxxx group xx people xx that xxxx the xxxxxx of xxxxxxx can xx customized xxx them xx make xxx bouquet xxxxxxxxxx to xxxx On xxx other xxxx it xx appropriately xxxxxx for xxx middle-income xxx higher xxxxxx groups xx people xxx it xx within xxxxx reach xxxx is xxxxxxxxxx to xx the xxxxxxxx pricing xxx prices xxx vary xx per xxxxx and xxxxxx of xxx peoplePaying someone to do your marketing assignment has become a practical solution for students managing tight deadlines, academic pressure, and personal responsibilities. Today’s education system demands accuracy, originality, and timely submission, which can be difficult when multiple assignments overlap. Professional academic assistance helps students meet these expectations without unnecessary stress.
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