For Marketing Learners Globally HOME | LESSONS | THEORY | BTEC | MOBILE | VIDEO CHANNEL | GLOSSARY | MARKETING QUIZZES | CONTACT | LINKS | RESOURCES FOR SALE | MARKETING POWERPOINTS       Popular Links : |SMART| Marketing Theory | Marketing Mix | Ansoff Matrix |   Marketing Mix Exercise : Pricing Strategies. Click to read about Pricing | View a powerpoint slide Marketing Mix | Take a quiz on Price Answers Click HereTweet Right, you’ve got the product right; the next stage is to price it. Wow what a task! 1. List the factors LM Ltd will have to take into account while deciding how to price the product. 2. What combination of pricing strategies could LM Ltd consider? 3. Work out a pricing strategy as the product moves through the four stages of the product life cycle. Plot how your pricing strategy may change at it moves through the product lifecycle.   Answers     Studying Management? Visit www.learnmanagement2.com   Further reading: Principles of Marketing by Philip Kotler Principles of Marketing by Frances Brassington