The correct response is:
defining customer value
Setting the price for her products will help Candice establish how customers perceive the value of her workout clothes in relation to their cost, influencing their purchase decisions.
Question
Candice is working on a pricing strategy for her new line of workout clothes. In addition to setting the standard for her products and determining her profit levels, which is another outcome of setting the price for her products?
(1 point)
Responses
determining how well the products compete in the marketplace
determining how well the products compete in the marketplace
identifying when to offer discounts and sales incentives
identifying when to offer discounts and sales incentives
deciding if the product solves a customer problem
deciding if the product solves a customer problem
defining customer value
1 answer