Give two examples of brands where manufacturing costs are well below the selling price. With that in mind provide answers to the below questions; 1. How have the companies been successful in charging
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Give two examples of brands where manufacturing costs are well below the selling price. With that in mind provide answers to the below questions;
1. How have the companies been successful in charging high prices to the brand’s consumers, despite the low costs of manufacturing?
2. How is customer information used as a part of the pricing strategy?
Be prepared to discuss and defend your choices with your classmates.
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