> Choose one of your favorite products/brands.
Describe how that product is being marketed for each of the 4
P's. Be specific for each "P" in terms of how the
company is using each element for the product you choose.
The 4 p's are (product, price, place, and promotion)
> Who is the target market for this product/brand?
Describe how it is positioned
(differentiated).
>Explain how this product/brand delivers value to the
consumer.
- WHAT IS A
LUXURY HOTEL? WHY DO THEY CHARGE A HIGHER PRICE THAN OTHER HOTELS?
WHY DO CUSTOMERS PAY THIS HIGHER PRICE? WHAT IS YOUR EXPERIENCE OF
A LUXURY HOTEL? DISCUSS WITH REAL LIFE EXAMPLES
- WRITE AN ESSAY
OF 250 - 300 WORDS
.
WHAT IS A LUXURY HOTEL? WHY DO THEY CHARGE A HIGHER PRICE THAN
OTHER HOTELS? WHY DO CUSTOMERS PAY THIS HIGHER PRICE? WHAT IS YOUR
EXPERIENCE OF A LUXURY HOTEL? DISCUSS WITH REAL LIFE EXAMPLES
WRITE AN ESSAY OF 500 - 1000 IN YOUR WORDS COVERING ALL THESE
QUESTIONS AND POST YOUR ANSWER DIRECTLY ON SCHOOLOGY, THANK
YOU.
A claim is made that there is no correlation between comfort and
price in luxury cars. A sample of 10 models of luxury cars were
ranked according to their comfort levels and their prices. These
ranks are given in the table below.
Model Comfort Price
A 9 10
B 3 9
C 2 7
D 7 1
E 5 3
F 1 6
G 8 8
H 10 5
I 6 2
J 4 4
Round your answers to 3...