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Comparative Analysis of Demand and Price

   

Added on  2020-06-05

8 Pages2214 Words70 Views
COMPARATIVE ANALYSIS

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1Article 1.......................................................................................................................................1Article 2.......................................................................................................................................1Article 3.......................................................................................................................................2Article 4.......................................................................................................................................3Article 5.......................................................................................................................................3Article 6.......................................................................................................................................4CONCLUSION ...............................................................................................................................5REFERENCES................................................................................................................................6

INTRODUCTIONThe comparative analysis assists to find out interrelationship between actual and standardperformances between demand and its price. In order to focus on the present study, it includes 6articles which communicate about cost and demand of the commodity. Further, due to increasingor decreasing demand, fluctuations also undertaken in the report to earn more profits atworkplace. With the help of different articles, it has been identified that demand of products andprice interrelated with each other. Therefore, business can promote their operations accordancewith market stability.Article 1Price changes create impact on the customer attraction Customer attraction very important parameter that enhance brand values and position ofthe company. As results, within the businesses it requires make good image that enhanceprofitability as well. Through focus on the target customer, company made their efforts throughconcentrate on their purchasing power. This analysis assists in identifying products and servicesof the organisation that exist in market. When business able to make their good position, itcreates several types of services to enhance unique features (Hebenstreit and Ott, 2014). Thisanalysis successfully implemented to satisfy customer and create value for them as well. Withthe help of several strategies, products and services can be enhance in successful manner toaccomplish effective results. Brand value play very important role that make positioning ofenterprise in front of customers. It will help to earn more and capture large market to assessseveral strategies and select best from it which assists to gain customer position. There are several strategies which perform at workplace and help to capture customerattraction. Price penetration strategy helps to reduce product cost to enhance customer base atworkplace. The organisation also tries to cut the prices through cutting down cost of productionand advertisement (Triguero and Córcoles, 2013). This is because, it will help to accomplisheffective results. With the help of giving discount on products and promotion, numerouscustomers can be attracted. With putting extra efforts, customer desire can be achieve insignificant manner. In this article, negative relationship between the prices and customersposition is undertake. When product price is decreasing, customer base increasing. Therefore, it1

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