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Topic: Business
Number of pages / Number of words: 3 / 625
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Although competing on price is as old as mankind, the consumer is often still sensitive for price discounts and special offers. Price has also an irrational side: something that is expensive must be good. Permanently competing on price is for many companies not a very sensible approach. List Price, Discounts, Financing, Leasing Options, Allowances

-PROMOTION

(How) are the chosen target groups informed or educated about the organization and its products? This includes all the weapons in the marketing armory - advertising, selling, sales promotions, Public Relations, etc...


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Price has also an irrational side: something that is expensive must be good. Permanently competing on price is for many companies not a very sensible approach. List Price, Discounts, Financing, Leasing Options, Allowances

-PROMOTION

(How) are the chosen target groups informed or educated about the organization and its products? This includes all the weapons in the marketing armory - advertising, selling, sales promotions, Public Relations, etc...


Essay fragment

General points of the essay

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