In the world of marketing, there are seven functions that help businesses run smoothly. One of the first of seven functions is pricing. Pricing is when one sets and communicates the value of products and services and setting the price at the right level. Lychee Lou has to set the right prices for people in Malibu to buy vintage clothing. For example, the prices must be higher than the price I purchased for them therefore a profit can be made. Product/Service Management is the second of the seven functions of marketing. Product/Service
In the world of marketing, there are seven functions that help businesses run smoothly. One of the first of seven functions is pricing. Pricing is when one sets and communicates the value of products and services and setting the price at the right level. Lychee Lou has to set the right prices for people in Malibu to buy vintage clothing. For example, the prices must be higher than the price I purchased for them therefore a profit can be made. Product/Service Management is the second of the seven functions of marketing. Product/Service