Question: which demographic pricing factors would be considered as a owner of a newly establish coffee shop in the university of Dubai before setting the final price. Note: identify three factors in order of importance. 1. Number of potential buyers 2. Location of potential buyers 3. Position of potential buyers (organizational buyers or final consumers) 4. Expected consumption rates of potential buyers 5. Economic strength of potential buyers 10

Question: which demographic pricing factors would be considered as a owner of a newly establish coffee shop in the university of Dubai before setting the final price. Note: identify three factors in order of importance. 1. Number of potential buyers 2. Location of potential buyers 3. Position of potential buyers (organizational buyers or final consumers) 4. Expected consumption rates of potential buyers 5. Economic strength of potential buyers 10

 

Solution

Here are demographical factors Socioeconomic, Socioeconomic characteristics of a population

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