Explain how pricing affects place (distribution) decisions.
{"Image DocumentName": "Explain how pricing affects place (distribution) decisions.", "Image ImageDescription": "Shipping products long distances can significantly increase the price of an item; knowing what customers are willing to pay, competitors are charging, and then figuring what it costs to make and ship the item have to be considered when setting prices. Describe how pricing affects promotion decisions. When setting prices and promotion plans and company must consider: Is the company trying to break into an existing market? Is it trying to expand into new markets? What is the competition doing?", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}