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WEBQUEST

WEBQUEST. Done By: Michelle Joe Yee Ting Xuan Tze Chun Huey Shyuan Nhi. Contents. When did iPad first originated? How is the Price of iPad determined? Related/ Associated Products for iPad Marketing and Pricing Decisions Emergence of New Products Increased Competition.

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WEBQUEST

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  1. WEBQUEST Done By: Michelle Joe Yee Ting Xuan Tze Chun Huey Shyuan Nhi

  2. Contents • When did iPad first originated? • How is the Price of iPad determined? • Related/ Associated Products for iPad • Marketing and Pricing Decisions • Emergence of New Products • Increased Competition

  3. When did iPad first originated? • 3 April 2010 in US

  4. How Is The Price Of iPad Determined? • Determined by the demand and supply forces in the market economy. • Market equilibrium occurs at a price where quantity demanded equals to the quantity supplied. • At market equilibrium, there is no tendency for the price or output to change.

  5. iPadis considered a luxury good • Relatively price elastic • Producers' objective: Maximisetheir profits • Increase prices to increase their total revenue

  6. Related/ Associated Products for iPad • Complimentary Products of iPad: • iPadCamera Connecting Kit • Apple VGA Adapter • Apple Composite AV Cable • iPadSmart Cover • iCade • iPad mixer

  7. Marketing and Pricing Decisions

  8. Emergence of New Products

  9. Increased Competition

  10. The End

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