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Week 4.3 Discussion
Q a. Analysis of Current Pricing Models in the Marketb. Analysis of Current Promotional Models in the Marketc. Analysis of Current Distribution Models in the Marketd. Recommended Pricing Strategy for JGJ Inc.
In the American market the average costs are almost $1200 above per month and almost $15000 per annum, which is a huge amount and many cannot afford the same because of the economic reasons (Workman & Jessen-Howard, 2018). The target markets are mostly single and working parents, parents with special childcare needs that have a different set of costs, so this is a huge burden on them and almost unbearable to afford (Workman & Jessen-Howard, 2018). There is however a difference between families based child care which costs lesser around $800 and the center based costs are at a sky high rate of $1230. (Workman & Jessen-Howard, 2018)