Download presentation
Presentation is loading. Please wait.
Published byCollin Matthews Modified over 8 years ago
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
Similar presentations
© 2024 SlidePlayer.com Inc.
All rights reserved.