As the newest member of the marketing department, your immediate boss asks you to comment on the company's proposal to add two new shoes to the company's middle-of-the-road pricing and product-line strategies

The first pair will retail for $ 40 and has as its target market the "bargain" shopper. The second pair will retail for $200 and is targeted at the "sophisticated shopper." In relation to product-line strategy, what is the company trying to accomplish with these two new items?

This is an example of the company trying a "two-way stretch" — introducing products at both ends of the consumer market simultaneously.

Business

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Proactive prevention strategies include entitlings and enhancements

Indicate whether the statement is true or false

Business

Promotions designed to increase product availability in distribution channels are known as:

A) sales promotions. B) price promotions. C) trade sales promotions. D) consumer sales promotions. E) nonprice promotions.

Business