Elektra Electronics Company is a business division of a mid-sized company focused on manufacturing and selling a high quality consumer electronic device through high-end marketing channels such as specialty shops and exclusive department stores. These specialty outlets advise and educate customers about the desirable features of different electronic devices. Elektra charges on average 500 per unit to its distributors‚ who mark it up to 899 when selling to retail customers. After many years of high
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Point of Difference (POD) – Smoother. Easier. Longer-lasting. No nicks or ugly razor stubble. So you’re left feeling smoother for up to twice as long as shaving. Target Market Gender – Male Those who are always in a hurry – – Youth (university students) – Young Men (below 35 y.o.) The Products Facial Hair Removal Cream FUSION HYDRAGEL Pure & Sensitive Cooling Tough beard Moisturizing Clean & fresh Porduct Strategy Brand Name Product Brand – well establish Packaging – Easy – Convenient –
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Pricing Decisions are decisions faced by top management and marketing managers. How much to charge for a product or service depends on a multitude of factors such as competition‚ cost‚ advertising‚ and sales promotion. Economic theory suggests that the best price for a product or service is the one that maximizes the difference between total revenue and total costs. However‚ in reality‚ the price charged is usually some form of cost-plus‚ which is later adjusted for market conditions and competition
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My name is Lexia Gillette‚ I am 19 years old‚ I am an exercise science major here at Berkshire Community College and currently I think I am living a very healthy lifestyle. I will go through my positive healthy behavior I already practice and wish to continue. Eventually‚ unfortunately‚ I will also‚ list my unhealthy habits I have and the consequences that follow‚ due to my actions. Grocery shopping is something everyone does in order to have food to eat in their homes. Ever since I was little I
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ignore the role of a straight razor. There is a growing interest among most men across the world to shave with a straight razor. More details about this traditional razor can be seen in the website thetrendspotter.net. As more men have started using the straight razors in the recent times‚ more information has started pouring in the minds of men through books‚ articles‚ blogs and websites. In fact‚ professional barbers of yester years always use these straight razors and got the best results in the
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1. Pricing decisions Factors to consider when setting prices All profit organizations and many non profit organizations must set prices on their products or services. Simply defined‚ price is the amount of money charged for a product or service. More broadly‚ price is the sum of the values consumers exchange for the benefits of having or using the product or service. A company ’s pricing decisions are affected both by internal company factors and by external environmental factors. These factors
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Case Study 3 Pricing Strategy Payless Shoesource: Paying less for fashion Table of Contents BACKGROUND…………………………………………………... 3 OBJECTIVE……………………………………………………….. 3 PROCEDURES……………………………………………………. 4 SUMMARY OF FINDINGS………………………………………. 4 CASE STUDY QUESTION: 1…………………………………….. 4 CASE STUDY QUESTION: 2 …………………………………….. 5 CASE STUDY QUESTION: 3……………………………………... 6 CASE STUDY QUESTION:
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formation of bubbles in the tip of the burette. The second portion of the expirement was the analysis of razor blade. The dissolved razor blade solution was titrated with KMnO4. The volume of KMnO4 was recorded. There are slightly differences in the volume of KMnO4 used in each trial. The volume of KMnO4 used and the mass of KMnO4 was used in determining the percentage of iron in the razor blade(see appendix). In trial 1‚ the percentage of iron computed was 81.38%; in trial 2‚ the percentage was
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Clean Edge Razor Case 1. What is the marketing management problem or opportunity the case protagonist faces? Paramount must decide how it wants to position the Clean Edge Razor in the market. With the men’s grooming market segment poised for growth‚ it must figure out where the most profit opportunity lies (i.e.‚ super-premium‚ mainstream‚ etc.) and then proceed with an implementation plan. 2. What alternative courses of action can the protagonist pursue to address the case problem? One
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of Clean Edge Razor Product Characteristics In 2007‚ Paramount developed a technological breakthrough in non-disposable razor segment called Clean Edge. It had a vibrating‚ ultra-thin five blade design and worked on AAA battery. A heavier handle allowed for better balance‚ grip and control while shaving and ultra-thin razor blade design reduces irritation. Clinical trials indicate that Clean Edge achieved a 25% increase in hair removal versus other leading non disposable razor brands. Market
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