Distribution channels
What is Retail
What is it called when a company has control over a certain portion of the market?
What is market share?
What is it called when you price the product higher then the cost to manufactor it?
What is Value-based pricing?
What type of channel is it when you sell a product in larger quantities?
What is wholesale?
What are the 3 different types of market segmentation?
1. demographic
2. geographic
3. transactional
What is it called when you start a business and set your prices lower in the beginning?
What is penetration pricing?
What type of channel is it when you sell products through the internet?
What is e-commerce?
What are the 4 different stages of a life cycle?
1. Introduction
2. Growth
3. Maturity
4. Decline
What is it called when you set a price at the maximum and then lower prices as time goes on?
What is Price Skimming?