Pricing Strategy

Pricing Strategy Setting a price is one of the more challenging tasks. How does one know how much a pound of tomatoes or a head of lettuce is worth? On what information are these pricing decisions based? In general, prices are set by production and marketing costs at the lower end, while the upper limit is set by what your customers are willing to pay, how much competition you have, and your own desired profits. …

…call by greeting and offering information on frozen food products when consumers order from 1-800-#, and displays specials on frozen food and the product pictures for the consumers who order by logging on through the web, (www.cheesecakefactory.com) And finally by, distributing a special frozen foods coupon book in the frozen food department and by creating special grocery bags so that consumers will continue to receive the message as they unpack their groceries.