BMA506 Marketing Case Study Kustom Cupcakes 代写
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BMA506 Marketing Case Study Kustom Cupcakes 代写
BMA506 Foundations of Marketing
BMA506 Foundations of Marketing
Week 8 | Chapter 11 Case Study
Kustom Cupcakes: In Search of the Optimal Pricing Level
BMA506 Marketing Case Study Kustom Cupcakes 代写
1. From a firm’s perspective, successful pricing strategies that help create customer value
are influenced by the five Cs of pricing. Each can potentially affect how firms determine
their price level. Briefly explain each of the factors and how these currently affect Kustom
Cupcakes’ approach to pricing. Is the relative influence of the five Cs upon Kustom
Cupcakes likely to change in the future? Explain.
2. Although this is a relatively new retail business in the Perth market, Kustom has set the
standards for quality cupcakes. Based on their track record, consumer demand for their
offerings is likely to remain high and will potentially expand. Briefly discuss any potential
factors likely to have an impact on their approach to pricing if Kustom Cupcakes continues
to grow.
3. Pricing levels are relatively high because they offer some of the best cupcakes in the
Perth market with quality ingredients. Briefly explain the different approaches marketers
can potentially adopt when developing their pricing strategies. Highlight which specific
approach Kustom Cupcakes are currently adopting. Under what circumstances will Kustom
be likely to change their overall approach to pricing? Explain.
BMA506 Marketing Case Study Kustom Cupcakes 代写