Pricing Strategies
This strategy involves calculating a price plus markup for the price
What is Cost-Plus?
This licensing involves Inventions
What is a Patent?
When you see a circle with two smaller circles on top of it, You probably think of this brand
What is Disney?
What is advertising?
Promotion of your product
What is Generating ideas?
This strategy involves Setting a high price and then lowering dependent on the market.
What is Price Skimming?
This Licensing protects rand names and logos
Trademarks
You think of this soda brand when you see red and white
What is Coca-Cola
You would see this type of advertisement on Facebook
Social Media Advertisement
The law surround contracts and the legality of them
What is Contract Law
This strategy involves Setting a price on what a customer believes it to cost
What is Value-Based Pricing
When copyright ends on a something it enters ____,Where anyone can use it.
What is the Public Domain?
You think of this social Media Brand when you see red and white
What is Youtube?
What is the best time slot to buy advertising on radio?
When is the Morning?
The Part of the 4 P's that surrounds what you sell
What is Product?
This strategy involves You set a price depending on opponents prices
What is Competitive Pricing?
When an owner of something (e.g, a song) allows someone to publish their work in exchange for this
What is royalties?
You think of this audio streaming service when you see green and black
What is Spotify
This advertising involves putting your product in a show
Product Placement
This Management Style that allows all workers to get a vote
What is Democratic?
This strategy involves Setting a low price and later raising it
What is Penetrative Pricing?
This Licensing protects intellectual property
What is Copyright?
What social media platform has a music note logo?
What is TikTok?
The 2 categories of advertising are Traditional and?
What is it called when 2 businesses join together?
What is a merger?