Monday 31 October 2011

MGT 211 Assignment

Product=  SpecialtyPlace= LahorePricing Plan:

Less sale and high profit margin

Because this type of mobile has Extra features in market. So its price should be high in the Market because we don't have competitors and Our company is providing Extra features in it.

Pricing Strategy:

Skimming Strategy

Because this product has substantial competitive advantage. So we use Skimming Strategy.

Pricing Approach:

Value exchange

Promotion

Sale Promotions:

Increase sale using coupons and special offers on products

Personal Relations

Use personal relations for advertising

Rebates:

Rebates on product are also way of promotions.

Join Communities:

By joining communities we advertise our products.

Events:

There should some events about products where people always memories this products.

Follow-up with clients:

When we touch customer we should follow them.

Networking:

Follow networking functions and attend them.

Advertising Strategies:

Mailing Massages:

By using electronic mail to market Nish

Mobile Massages:

Use mobiles massaging advertisements

 

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