Wed Nov 20 Continuing with Promotions

 Pricing Notes: Due Friday

1. Fixed and Variable notes including Questions 1,2,3.

2. Understanding Overhead Costs including 6 questions about overhead costs in t-shirt printing.

3. Copy the notes on Pricing Strategies and make sure you understand them.

4. Partner Pricing Assignment: Products for the Isfeld Store.

• include a photo of your product
• include the wholesale price and the retail price, the profit in $ for each product and the profit margin per product
• calculate the total revenue for 100 products of each item sold and the profit on 100 products of each item sold and then add up and get the total profit for all three of the products if 100 of each are sold.

5. Lastly include the Chapstick Pricing Assignment: 

You need to figure out the costs for buying the wholesale products needed to make 30-50 chapsticks. Include the equipment and packaging in your costs. You may estimate the amount of product it would cost you for a batch of 30. Then, you need to figure out the cost for one chapstick... please show your mathematical calculations.

Video on Coca Cola's Advertising Strategies

From the video fill in the blanks

1. Coke is equated with.....

1.___________________________ 2.________________________

The kind of Marketing Coke is involved is called: ____________________________________

The war between Coke and Pepsi has created __________________________ in restaurants, vending machines events and even stadiums.