The best pricing strategy for a company that produces warm clothing is?
Answer Details
The best pricing strategy for a company that produces warm clothing is product line pricing. This strategy involves setting different prices for different products in the same product line based on factors such as quality, features, and target market. In the case of a company that produces warm clothing, they may have different products within their product line such as jackets, sweaters, and thermal underwear. Each of these products may have different features and be targeted towards different market segments. By setting different prices for each product based on these factors, the company can maximize their profits while still meeting the needs and expectations of their customers.