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Priceline com owns a number of intellectual property rights that include trademarks and patents.
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Priceline offers exclusive discounts on hotels, flights, alternative accommodations, annuity in advance cars, cruises and packages.
What is the pricing strategy of Priceline com?
The pricing strategy of the Priceline com will focus on setting the list price, credit terms, payment period and discounts. If Priceline com decides to choose the price penetration strategy, it will have to set the lower price than competitors. The company will be able to win market share based on discounted pricing.
What makes a good marketing mix for Priceline?
The development of effective marketing mix strategies depends on Priceline com’s knowledge of its potential customer base. The strategies will be more effective if the company understands the needs, expectations and attitude of its customers.
How to develop a Priceline com customer profile?
Priceline com can consider following factors when developing the customer profiles: The customer analysis must identify the total market size including current and potential customers that could be divided into small measurable segments. The customer profiles must have some observable differences.
Last Update: Oct 2021
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27.10.2021 10:12
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