have. In a clearance sale, the selling price of the product takes with the fading of the fashion or the season, and allows the seller to official excess goods into the market. In the study, we undertook the study of Attitude towards Clearance Sales of Liked and Disliked Brands. The study yielded five factors of the attitude towards clearance sales of liked and disliked brands. These factors were Excitement, Brand Preference, Brand Opinion, Leadership, Price-Image Sensitivity and Peer Influence.…
Calculation of the Stripping Force For most of the operations, stripping force range is from 10 to 20% of the cutting force. If the tool has more than one punch the stripping for that tool is the sum total of the stripping forces required for each punch. Because the average thickness of plastic parts and the ratio of the diameter of its hole: t/D = 6/22 > 1/20, so here consider as thick-walled cylindrical plastic parts. According to the literature [43] equation 4-26: release force…
a given level of quality and entails a great attention to cost control. Above average returns are attainable because cost leaders can match their prices of their most efficient competitors, while fending off both powerful customers and suppliers. A company that focuses on there cost leadership strategy does not indicate that they will offer low prices than its rival but on the contrary profit can be made by selling the same products as others and earning bigger margin per unit or by undercutting…
In this research, the authors propose a scale of second-hand shopping motivations. Guiot and Roux reveal 4 categories of shoppers, which are Regular shopper, thrifty critics, polymorphous enthusiasts and nostalgic hedonists. Furthermore, they evaluate the function of these shoppers’ motivations and its implication for designing and retailing strategies. Prior to their study, the authors explore the historical context of second-hand market. In short, they assert that second-hand consumption grew…
business successful. The purpose of this primary research task is to compare the marketing strategies of KFC to Nando’s, by analyzing their adverts and the way in which they aim to reach their target markets through the adequate place, promotion, price and products to satisfy needs and wants of consumers. I will be able to determine which company is more successful…
consider such as the cost to produce the product, the amount of waste after packaging, the value to customers, and the competitor’s prices. After evaluating these elements, it would seem reasonable for Lopez to charge 38 dollars or perhaps even more for a hardwood powder-based coating. According to MarketingMO, one of the first steps in a pricing strategy is to match the price to the value proposition. In this case, Lena offers endless benefits to the consumer which other liquid-based coatings…
The concept of Groupon is appealed to those who do not have the income to afford such expenses and those are willing to try new things. This is evident with how massive the discount prices that they give for the consumers. Up to 70% on certain locations! (McGraw-Hill). Majority of the Groupon consumers focus on price as the most important evaluative criteria as evident of the whole creation of Groupon which was to attract consumers at huge discounts, but the “Groupon Now” offers may only be…
compared to Walmart who has around 100,000 different items. Because Costco offers so few items, there is a huge demand from multiple companies that bid to get into that small item base, meaning Costco can negotiate costs down and sell it at a lower price. Another interesting thing that goes on is something that is known as the Costco effect. Costco has two types of products, triggers and treasures. Triggers are everyday needs products and make up around 3,000 items, while the other 1,000…
in order to maintain the business. If prices are not controlled, the business could suffer greatly. Deficiencies in levels of net income can be tolerated for short time frames, but long-term continuation of inadequate pricing eventually results in business termination (Cleverley, Cleverley, & Song, 2012). According to Cleverley, Cleverley, & Song…
are the number of tickets. For example how many tickets the customer would like to buy. The prices of the tickets that the customer has bought. For example if the customer buy one adult ticket then it will cost the customer £10.30. Calculations performed by the program: Calculations Explanation £10.30*1 = £10.30 Price adult ticket £10.30-20% = £8.24 Price senior citizen ticket £10.30/2 = £5.15 Price…