Hi guys!
So, I know we didn’t get much time for the iPhone assignment. I’d like to spend 10 minutes at the beginning of class doing that instead of marketing news. What we’ll do is have you think through the questions tonight, spend five minutes talking in groups, and five minutes talking as a class. I’ve emailed you the questions so you can look through them.
In addition, I’ve put a clarification of new product pricing strategies on Vista in the After-Class Folder. I think that I wasn’t clear on when to use different types of pricing strategies. In addition, on the posted slides I’ve put a description of what a functional discount is. BUT for those who missed it:
Functional Discounts are discounts provided to channel members such as wholesalers, retailers, and the like for carrying the companies product. It’s a trade discounts in that “we charge you less, you help us out” sort of way.
Hope that helps!
There will be candy for both the in-class assignment and just being awesome.
See you tomorrow!
Lea