Product and Pricing Strategy

Submit a 1500 words paper on the topic Product and Pricing Strategy. JF’s Electronics can employ versioning tactic for various components of the product strategy – its features, attributes, service, and service features. Using the A La Carte tactic for JF’s Electronics product – customized cell phone – customers can be offered a number of add-on software capabilities in their cell phones, choice is theirs’. It could be an ideal pricing strategy, most probably fit only for customized cell phones (Pricing for Profit, 2010).Another versioning tactic is offering as much as customers desire, like in an airlines company, they offer a range of classes like business, economy etc. For a customized cell phone company, it holds true as customizing is selecting as much as you want from a range of software features and capabilities. Higher pricing for in-demand features and less for ordinary capabilities! Sometimes low pricing tactic can also be used to attract customers. Again, it depends on whether the company is interested in volume sales or more profits. In the matter of JF’s Electronics, the ideal approach should be not earning huge profits but stabilizing the market with volume sales by offering discounts, so that the market for its customized cell phones expands fast in a foreign country (Pricing for Profit, 2010).Another crucial component of a product is the capability of changing the product’s attributes to create appeal and demand of the product by new customers. The good thing about JF’s Electronics’ customized cell phones is that their attributes can help in attracting new customers. Customers can choose from a range of mobile phone’s hardware and software features and capabilities as per their needs and likings. Thus, as many features can be added or subtracted according to customer preferences (Pricing for Profit, 2010).Another component of product strategy is its service and service features. Servicing and repairing of cell phones is a promotional feature. Customers&nbsp.want quick service, as cell phones are very important part of a person’s mobile accessories. Customer base can be strengthened and enlarged by providing on the spot service and repairing, if possible.

Myhomeworkwritings
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Why Choose Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

Customer Support 24/7

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Services

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission and Business Papers

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Editing

Editing and Proofreading

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Coursework

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

Open chat
Chat with us Live Here
Get in Touch with Our Live Chat Agents via WhatsApp on +1(346) 416-0954. Get Unlimited Access to Answers on Any Queries With Your Paper.