How The Economy & Internet Influence the Price You Pay: Macro Influences on Pricing

When companies develop pricing they consider a lot of things, from costs to competition, but there are some times external macro influences that influence the prices that firms charge. Whether it is the Showrooming of stores or the economy turning down here are some things to think about with pricing.
Filmed in Quincy, IL
Copyright Mark Wolters 2020
#marketing #principlesofmarketing #pricing
Topic 13: Pricing

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[MagnificentGermanywithDarion]

Great information, thanks Professor Wolters.

[pilotincmnd]

Great video! Very informative data here, thank you and all the best!!!

[xeuscjm]

Hey there Mark!
Good stuffs as always, and I have so much more things to share bout what you’re saying, I lived in Japan for 17 yrs now and Japanese marketing is so interesting that if I would through it, it’s going to be long... but I totally understand your point here, and I’ve been seeing these kind of strategy in Japan like 10 yes ago already, as a single mother, I want value for my money, and having such a wide range of pricing really helps me through some tough times.

[themanwiththeplan]

You should cross-promote this channel on Wolter's world. This is a great channel!