Promotional Pricing

Question 1

In Unit V, you selected your favorite brand and described the reasons why this brand is so appealing to you. You will use your favorite brand to create an analysis that identifies the strategic direction of price and promotion.

(1) In this assignment, you will research and provide pricing examples that compare and contrast various factors that influence promotional strategies for each of the five pricing strategies: premium pricing, penetration pricing, economy pricing, psychological pricing, and promotional pricing. (2) Next, you will determine which pricing strategy is represented by your brand’s price and discuss why (or why not) the pricing strategy is effective. (3) Finally, you will discuss if the pricing strategy is aligned with the messaging strategy in the promotions. For example, if the pricing strategy is premium pricing, do the promotions communicate the high value of the brand?

You must reference at least two articles from business-related or news websites. All paraphrased and quoted material must be cited and referenced. You will create a four-page Word document, not counting the title and reference pages.

Question 2

This assignment will be done in Xcode using objective-c (Apple Mac)

Create a simple application that gathers the following personal information:

  • First Name
  • Last Name
  • Address
  • City
  • State
  • Gender
  • Level of Education
  • Phone Number
  • E-mail Address
  • Date of Birth

Use a class named “Person” that holds the properties above.

Include format validation on the phone number and e-mail address.

Collect the date of birth using a modal view with a date picker. Gender should use a toggle (segmented button) and level of education an action sheet (high school, associates, bachelors, masters and doctorate).

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