Give two examples of brands where manufacturing costs are well below the price. How have the companies been successful in charging high prices despite the low costs? How was customer information used...

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Give two examples of brands where manufacturing costs are well below the price. How have the companies been successful in charging high prices despite the low costs? How was customer information used as a part of pricing strategy? Be prepared to discuss and defend your choices with your classmates.
Answered Same DayDec 15, 2019

Answer To : Give two examples of brands where manufacturing costs are well below the price. How have the...

David answered on Dec 24 2019
65 Votes
Apple Company and Netflix are two companies which have their manufacturing costs very low than the price. This is because Apple has a popular
and name in the market, and this has provided an added advantage to the product sale, which can attract a huge lot of customers because of a good Brand image.
Companies like I phone don’t have any option of the sharing their data. Because they have premier customers, who are adapted to use their product since many years that’s why such companies rely on their customers and due to trusted dependence they can give off their devices at...
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