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STRAYER MKT100 WEEK 5 AND WEEK 6 DISCUSSION

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Question;WEEK 5"Market Penetration and Branding" Please respond to the following:From the simulation, differentiate sales promotion activities from loyalty programs, and explain which of the two (2) is more effective. Justify your response.Assume that you have been given the task of developing the branding strategy for Achilles? new casual shoes for children. Select a brand name for the new product, and determine the branding strategy that you would use for this product.WEEK 6"Pricing Strategy and Pricing Management" Please respond to the following:From the simulation, you learned about the importance of identifying a pricing objective before developing the pricing strategy. OatHealth is a brand of oatmeal marketed by Health And You all over the U.S. The company has been noticing a decline in sales. An external consultant appointed by the company has attributed the sales drop to issues in pricing. Determine a pricing objective and discuss a new pricing strategy that could help the company revive its falling sales.From the e-Activity, give examples of two (2) products that rely on their price to woo customers, and demonstrate the manner in which pricing management must go hand-in-hand with the identification of the correct target market. Provide a rationale for your response.

 

Paper#46565 | Written in 18-Jul-2015

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