For this third part, you should develop a proposal for the pricing strategy and the place strategy for the client. Remember to not only include what it is, but also your recommendations. Some of the topics you should analyze/describe are to include, but are not limited to:
Pricing strategy (What is the pricing strategy?)
Effect of price on demand
Aggregate demand and supply
Elasticity
Impact of the economy on price
Place strategy (What is the place strategy?)
Distribution decisions
Channel partners
Logistical issues
Gains from trade
Growth and inflation <– this part is likely to be a little more theoretical. Refer to your textbook and give your thoughts on how inflation would influence them.
