This week, you will have an opportunity to practice completing identifying pricing strategies. Fill out the below table and submit it to Waypoint as the journal requirement for this week. You can access the table by downloading the Week 3 Journal Entry template download.
|Brand, Product, or Service||Name Pricing Strategy from Table 5.3||Pricing Strategy Definition and Use||Your Rationale for the Pricing Strategy Selection|
|Royal Treatment (Links to an external site.)|
Pet grooming and pet spa services for dogs and cats.
Custom Shoes (Links to an external site.)
|A restaurant’s three-course dinner menu (restaurant of your choice) on Feb. 14 of each year.|
|PearlsAndLavender (Links to an external site.)|
Hand-made ceramic and brass jewelry offered by a self-employed owner.
|Southwest Airlines (Links to an external site.)|
The world’s largest low-cost carrier.
|Off-season hotel room prices on weekdays.|
Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment