With promotional pricing, companies will temporarily price their products below list price and sometimes even below cost to create buying excitement and urgency.
the price for Simply Vodka will be 30 dollars in stores and won't cost that much to make. the way we will get it out to the pubic is to put in stores, restaurants, liquor stores as we'll as food stores. supply it buy train, trucks, and planes any way we can get it out to the world so it will be known beside just in Alaska. we will make a deal with the people to work on helping us get the vodka out the state and into other places and countries. I was thinking of maybe having a big party to show off the vodka and see how the people react to it and it be free to drink just to try at the party and know what it taste like before we put it in stores and everything.
A company also must decide how to price its products for customers located in different parts of the country or world. Should the company risk losing the business of more-distant customers by charging them higher prices to cover the higher shipping costs? Or should the company charge all customers the same prices regardless of location? We will look at five geographical pricing strategies for the following hypothetical situation:
The way that we will look at the pricing on ho we give to other places like California or New York we would have to see how much the shipping is for there and figure how to get it out there to the people in the other states and talk to the main people we have to talk to.
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