Monday, November 23, 2015

11/23

Today we had a brief recap of the past week and then we went into some break-even calculations. we also talked about pricing strategy and how that could make or break a business.finally we briefly went in how a supply chain affects marketing. a pricing method that i found in the book that i think is a common strategy is predatory pricing. that's when a company prices below the market to try to drive other companies out of business. Odd even pricing seems interesting also, where odd meant bargain and even ment quality. product line is also interesting because it could be the same price for several products that may have different variable costs.

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