150 WORDS
- Discuss everyday low pricing. Besides Walmart, what other companies do you believe have been able to use this pricing strategy to great success?
- Market-skimming pricing is used many times when companies invent new products and first introduce them to the market. List two new products that you believe are employing a price skimming strategy. Back up your answers.
- Experts are predicting that cable and satellite television will become obsolete
because of companies that stream video over the Internet such as Netflix, Hulu, Amazon Prime, etc. With respect to the channel of distribution, what trend does this reflect? Is it right for companies such as Comcast to use data limits to lessen competition?
