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Pricing Strategy for Its Post-It® Flag Highlighters Was as Follows

Question 242

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pricing strategy for its Post-it® Flag Highlighters was as follows:


A) match its principal competitors' highlighters' prices.
B) charge $3.99 to $4.99 for a single Post-it Flag Highlighter or $5.99 to $7.99 for a three-pack, which would give a reasonable bookstore price to students and an acceptable profit to distributors and 3M.
C) set an initially low price with the intent of bringing down the price even further later if sales were less than anticipated.
D) make the product easier to purchase by placing the Post-it® Flag Highlighter in discount office supply retailers.
E) use the same pricing strategy as its 3M's Post-it® Flag and Post-it® Note offerings.

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