Question

A Select pricing strategy can be used to build prestige for a product or brand, while a Select pricing strategy is best used to build market share.

Home Depot is a(n)

Walmart is a(n)

Running Room is a(n)

The Bay is a(n)

When Home Depot cuts boards to length for customers, it is providing          utility.
When Best Buy installs software on a computer for a customer, it is providing          utility.
When Running Room helps customers select the best running shoe to suit their particular needs, it is providing          utility.
When Costco makes prints for customers in less than one day, it is providing          utility.

When a retailer offers a small selection of products below cost to attract store traffic, it is using a(n)          pricing strategy.
When a company tries to make a profit by selling large volumes at low margins, it is using a(n)          pricing strategy.
When Canadian Tire sends out its weekly flyer showing a selection of products at special prices, it is using a(n)          pricing strategy.
When a company enters the market with premium prices to attract price-insensitive customers, it is using a(n)          pricing strategy.

The actual movement of products from manufacturer to final consumer is called          .
The act of getting the right product to the right person at the right place at the right time is called          .
When a manufacturer sells its products through retailers, it is using          .
Collectively, the businesses involved in getting goods from the producer to the consumer is referred to as          .

      

Answer 1

Answer) Home depot is one of the largest furnishings and home making retailer.

Walmart is a multinational retail Company providing almost every lthings from groceries to baked foods.

Running room is a online offline company who provides athletic goods and a lot of running programs.

The bay is business retail company in the fur business.

Home depot is providing place utility, as it is cutting boards and making the Products available far across places.

Best buy is performing form utility, as the software integrated into the company is more valued.

Running shoes is providing possession utility as the shoes which fit best will be of more value to customer and fulfill possession utility.

Costco is providing time utility as it is Providing products early.

The first one is Economy Pricing as in this the store targets a particular segment in which they reduce prices.

The second one is Penetrative pricing where companies sell at low profit margin but sell more in volume.

The third one is Price skimming where first the prices are more and then for a certain period of time , prices are reduced.

Premium Pricing, where Companies cater to premium Customers initially by increasing their price and portraying as a valuable brand.

Distribution is the movement of goods from Companies to customers.

Marketing is the act of getting the right Product at the right time to the right person.

Indirect selling when retailers are used in selling.

Marketing companies or distributor companies are the business which help the products to reach from the manufacturer to customer.

It took some research to answer the questions If you can help me with a upvote I would really appreciate it.