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Done By: Michelle Joe Yee Ting Xuan Tze Chun Huey Shyuan Nhi.

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Presentation on theme: "Done By: Michelle Joe Yee Ting Xuan Tze Chun Huey Shyuan Nhi."— Presentation transcript:

1 Done By: Michelle Joe Yee Ting Xuan Tze Chun Huey Shyuan Nhi

2 When did iPad first originated? How is the Price of iPad determined? Related/ Associated Products for iPad Marketing and Pricing Decisions –E–Emergence of New Products –I–Increased Competition

3 3 April 2010 in US

4 Determined by the demand and supply forces in the market economy. Market equilibrium occurs at a price where quantity demanded equals to the quantity supplied. At market equilibrium, there is no tendency for the price or output to change.

5 iPad is considered a luxury good Relatively price elastic Producers' objective: Maximise their profits Increase prices to increase their total revenue

6 Complimentary Products of iPad: –i–iPad Camera Connecting Kit –A–Apple VGA Adapter –A–Apple Composite AV Cable –i–iPad Smart Cover –i–iCade –i–iPad mixer

7 Emergence of New Products Consumer’s Point of View Producer’s Point of View Increased Competition Consumer’s Point of View Producer’s Point of View

8 Emergence of New Products

9 Increased Competition

10 The End


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