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Pricing Strategy Assignment
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<XXX src="file:///X:\XXXXX\abida\AppData\XXXXX\Temp\msohtmlclip1\01\clip_image004.XXX" XXX="Description: XXXXX://XXXXX.com/XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX.png" width="449" XXXXXX="XXX"><XX> <br> </p> <p>XXX the XXXXXXXXXX marketing of product XXX services XX a XXXXXXXXXX XXXXXXXXXXXX following pricing strategies are XXXXXXXXXXX: </p> <p><b><i>Penetration XXXXXXX Strategy:</i></b> In order XX XXXXXXX XXXXXXXXX XXXXXXXXX’ XXXXXXXXXX organization can XXX XXXXXXXXXXX strategies by XXXXXXXX XXX XXXXX and XXXXXXXX at XXXXX prices. Although, this XXXXXXXX tend to create initial XXXX for XXX XXXXXXXXXXXX but XX a new XXXXXXXXXXXX in XXX XXXXXXXXXX market XXXX XXXXXXXXX XXX XXXX XXXXXXXXX of customers away from XXX competitors. However, XXXX XXX XXXXXXX XX time XXX XXXXXXXXXXXX XXX stand out XXXX XXX increased XXXXXXXXX and it will XXXXX profits for XXX organization (Hennecke, 2019). </p> <p><b><i>Followership XXXXXXX Strategy</i></b>: XXXX XXXXXXXX XX considered as an alternative for a XXXXXXXXXX XXXXXXXXXXXX to XXXXX XXXX a XXX XXXXXX by increasing XXXXXX share or defending markets XXXX new entrants. XXXXXXXXXXXX XXXXXXX XXXXXXXX is a XXXXXXXXXXX pricing XXXXXXXX and XX using this strategy XXX healthcare XXXXXXXXXXXX XXXXXXX XXX goods and XXXXXXXX XX the market leader. This strategy XXXXXXX XXXXXXXXXX organization XX XXXXXXXXXXX adjust its pricing, particularly when a market pioneer XXXXXXXX this XXXXXXXX XX XXXXXXXX its XXXXXX and this resulted XXXX a price XXX in XXX XXXXXX (Hennecke, 2019). </p> <p><b><i>XXXXXXXX Pricing Strategy:</i></b> This strategy is XXXXXXXXXXXX XXXXXXX XXX a newly XXXXXXXXXX XXXXXXX or service. The healthcare organization XXX XXX XXXX strategy to XXXXXXXX sales XXX XXX stand-alone newly XXXXXXXXXX XXXXXXX and service. Through XXXX strategy XXX XXXXXXXXXXXX can set XXXX XXXXXX during XXX introductory phase XX XXX product or XXXXXXX XXX XXXX XXXX help to XXXXX XXX XXXXX effectively. The organization gradually lowers XXX XXXXXX as the XXXX good or service XX XXXXXXXX XX the XXXXXX XX the XXXXXXXXXXX. One of the XXXXXXXXXX XX XXXX pricing XXXXXXXX is XXXX this makes it possible for XXX organization to generate maximum XXXXXXX on the early XXXXXXXX XXXXXX lowering prices XX attract more XXXXX XXXXXXXXX XXXXXXXXX. This strategy not only XXXXX XXX XXXXXXXXXX organization XX XXXXXX its development XXXXX, XXX XXXX XXXXXXX an illusion about the quality XX XXX XXXXXXX or service XXXX it XX XXXXX introduced in the market. </p> <p>XXXXXXXXX to my perspective, XXXXXXXX Pricing Strategy is best of XXX XXXXXXX the healthcare organization XXXXX to introduce its product or service into XXX marketplace. This strategy is recommended XXX the XXXXXXXXXXXX XX implement XXXX XXX marketing plan XXXXXXX it XXXX XXXXXXX development costs associated XXXX XXX XXXXXXX or service XXX create an XXXXXXXX of XXXXXXX exclusively XXXX the XXXXXXX or service XX first introduced to the marketplace (XXXXXXXX, XXXX). </p> <p>References </p> <p>XXXXXXXX,I. (2019). Implementing a XXXXXXXXXX pricing strategy approach. <em>XXXXXXX Strategy Implementation</em>, 92-99. XXX:XX.4324/9780429446849-XX </p> <p> </p> <p> </p><p><XX></p>">
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