A product's price is influenced by the product itself, its distribution channels, and its promotional objectives.

Question

Quizplus · Accepted Answer

The price of a product is influenced by various factors including the product's cost, perceived value, distribution channels (which can affect the cost to deliver the product to the consumer), and promotional objectives (which can influence how a product is positioned in the market and its target selling price).

A Product's Price Is Influenced by the Product Itself, Its