ENTREPRENEURIAL PLANNING
MARKETING PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What type of information do businesses include in their marketing plan?
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Pricing strategies
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Payroll Systems
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Billing Methods
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Accounting procdures
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Explanation:
Detailed explanation-1: -Pricing strategies account for many of your business factors, like revenue goals, marketing objectives, target audience, brand positioning, and product attributes. They’re also influenced by external factors like consumer demand, competitor pricing, and overall market and economic trends.
Detailed explanation-2: -Before you begin. Match your pricing strategy to your value proposition. Understand your cost structure and profitability goals. Analyze your competitors’ prices. Determine price sensitivity.
Detailed explanation-3: -Cost-Based Pricing. Value-Based Pricing. Competition-Based Pricing. 19-Sept-2017
There is 1 question to complete.