AB 209 Course Great Wisdom / tutorialrank.com AB 209 Course Great Wisdom / tutorialrank.com | Page 10

Price Lining =Different quality level product of a certain type
are priced by category. Ex: Women’shandbags?Designer bags
$300, name brand $200 and all other $100.

Market Pricing =pricing based on the market- what people are
willing to pay only works if there is verylittle or no competitors.

Explain whether you will buy on credit and the kind of credit
terms you expect from your suppliers and why.

Then explain your customer credit policy; explain whether you
will extend credit to your customers and why or why not. If you
will extend credit, please describe the terms you expect to
receive and/or extend and why.
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AB 209 Unit 7 Assignment Marketing Plan (Quilts)
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This week, you will describe the target market and the ―Place‖
or distribution- the third ―P‖ of the four ―Ps‖ that address the
target market in your marketing plan.
Product
Promotion or
Target