Marketing – 1/11/18

I.  Bellwork

A.  P 614 Marketing Case Study – English Language Arts Q&A (2)

II.  Objectives;

  • Describe pricing strategies that adjust the base price.
  • List the steps involved in determining a price
  • Calculate discounts in dollars and percentages.
  • Calculate net amount.

III. DECA Marketing Social Media Link:

IV.  Classwork:  Outline:

A.  Psychological Pricing Strategies

  1. Odd- Even
  2. Prestige
  3. Multiple unit
  4. Everyday Low prices

B Promotional Pricing

  1. Cash Discount
  2. Quantity Discounts (2)
  3. Trade Discounts
  4. Seasonal Discounts
  5. Allowances

C.  Page 641 Practice 1-3

D.  page 642 Practice 1-3

 


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