You run a mobile car wash service and have a small operation in a very fragmented market. How should you price your services?

 
 
 
 
 
 

That’s right. In the optimize profit category, you hope to go relatively unnoticed by your competitors.

Other Questions Of This Category

You run a mobile mechanic business and have the strongest position but the market is very fragmented with competitors. How should you price your services?

In which of the following scenarios would a company best be able to use competitor pricing models?

Consider the base and additional product offerings below. Which product would you bundle with your base offer to create the most economically sound bundle opportunity?

Two rival companies sell handmade hammocks in a seaside town. Every summer, they compete for the business of tourists by cutting or raising prices. Using your knowledge of the Prisoner's Dilemma,…

Two rival companies sell handmade hammocks in a seaside town. This summer, they've been competing for the business of tourists by cutting or raising prices. Using your knowledge of the Prisoner's…

How might Cali best evaluate their market position and possible options in the stylish clothing category for the various customer segments?

How might Sparkle best evaluate their market position and possible options in the uniforms category for the various customer segments?

In which of the following scenarios would a company best be able to use competitor pricing models?

Consider how the following businesses have bundled their products or services. Which of these bundles best pairs items in the bundle?

Imagine that you are on the pricing team at Move. It is August, a big month for back to school sales, and Cali has just made a second price cut on school uniforms. You did not respond to the first…

You work for a company that makes luxury watches. The prices of watches in your product line could best be described as ranging from moderately to super expensive. Your team is considering whether or…

How might a value map help a firm that is trying to better understand its prices for home audio systems and the value it offers customers relative to its competitors?

A company that manufactures hand-held gaming devices is facing diminishing sales in the market decline phase. How might they best address the declining demand?

Cali would like to capitalize on its success in sporty clothes for girls and increase its volume in sporty clothes for boys. Sparkle, who shares the sporty boy grassland with Cali and Move, has had…

Review: Your company manufactures jewelry and t-shirts related to popular movies and television shows. Your pricing team is reviewing current and recent changes to pricing and business practices.…