discuss your pricing strategies for the following Pal Patrol toys
INSTRUCTIONS
Selected product lines (Paw Patrol toys) and discuss your pricing strategies for the following:
- Product line
- Optional products
- Captive products
- By-products
- Product bundles
Which strategy did you find the most interesting? Why?
Your paper should be a minimum of one page. You must cite at least one source in the body of your paper and provide a full citation using APA format.
Rubric
Standard Writing Assignment
Solution Preview
Pricing Strategies
Paw Patrol toys can use product line pricing strategy to separate goods according to the quality level of the products. A toy with more magnificent feature a customer is willing to pay extra money for it. Product line pricing will help to set the gap of the products according to their qualities. This strategy allows Paw Patrol marketer to understand customer perception on the quality of the product and price competitiveness.
Paw Patrol toys can lower the price of the basic toys they offer in the market.
(352 words)