"Price is the only element in the marketing mix that produces revenue; all other elements represent costs. Price is also one of the most flexible marketing mix elements."Kotler, Gary Armstrong and Philip. Marketing: An Introduction for Education Management Corporation Chapter 9, Page 275 Our products will be priced to compete with other mid-shelf flavored vodkas. Price will be set from our company at the bottle level of $20 for the 750ml bottle and $35 for the 1750ml bottle. Individual resale of the product, such as in bars, would be left up to the retail business themselves. Our goal is that by staying within the same price range as our closest competitors the quality of the product will allow to stand out. "The steps in the selling process as just described are transaction oriented—their aim is to help salespeople close a specific sale with a customer. But in most cases, the company is not simply seeking a sale. Rather, it wants to serve the customer over the long haul in a mutually profitable relationship." Kotler, Gary Armstrong and Philip. Marketing: An Introduction for Education Management Corporation Chapter 13, Page 430. This is the goal of our company’s pricing program to take the cost out of the consumers decision and trust on our products to be successful.
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