Fujifilm produces a wide range of camera and film equipment. Recently Fujifilm has launched a range of Digital cameras, retailing at approximately £150. A disposable camera can retail for £4.99, furthermore a middle of the range regular camera can retail at £75. Explore their website section on digital cameras. Visit: www.fuji.co.ukwww.argos.co.uk(Digital Cameras Section) Questions - What pricing strategy and pricing objectives are Fuji employing for their digital camera range? Explain your reasoning.
- How price sensitive are ‘early adopters’ of these type of electronic products?
- How does the product lifecycle curve affect their pricing strategy?
- Discuss how Fuji should manage the pricing strategy for this new product.
- Discuss on whether you would recommend price standardisation of their digital cameras across borders.
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