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School
Castlebrooke Secondary School**We aren't endorsed by this school
Course
ENG 113
Subject
Marketing
Date
Dec 18, 2024
Pages
1
Uploaded by ElderWalrusMaster1190
2:50¢ TR 42 e C(Create any form of promotion to inform, persuade, express. BE creative! e Provide rationale for your plan with supportive research — Why is your promotional plan the best? Present ideas in the written report. Pricing — Manager of Pricing and DistributionDo Your Research e What are the competitors’ prices for merch or related products that are similar to Entripy? Printify offers you to produce custom merchandise. Custom Ink: Typically priced higher for smaller orders, a custom t-shirt would be around $20 USD, they also offer discounts for bulk orders Vistaprint: Known for lower-cost promotional items, their t-shirt pricing starts around $10 with single color designs in smaller orders, also offering discounts for bulk orders. Plan Your Project e What is the best price for their product/service? e Describe the pricing strategy you have selected and why this would be the most effective choice. e What pricing policy will you be using for your product/service? Explain why this is the most effective choice. e How is your product/service priced in relation to its competitors? How does the price of your product/service position itself against its competitors? e Will you allow for customers to negotiate prices? e Offer support for conducting SWOT involved with company pricing (Provide information to the Manager of Industry Analysis). e Write a pricing plan for the services offered by using your knowledge of pricing strategies and profit margins to decide how the services should be priced. e \Write a rationale for your plan with supporting research and suggestions for marketing a new product line or unique service(s). Distribution and Logistics — Manager of Pricing and Distribution Do Your Research e Who makes up the target market for the company’s service/products? e What channels of distribution will reach those target markets? . ]
