Practice Pricing Strategy - 10.6.2.4 | Chapter 10: Branding, Packaging & Product Identity | IB Grade 8 Product Design
Students

Academic Programs

AI-powered learning for grades 8-12, aligned with major curricula

Professional

Professional Courses

Industry-relevant training in Business, Technology, and Design

Games

Interactive Games

Fun games to boost memory, math, typing, and English skills

Pricing Strategy

10.6.2.4 - Pricing Strategy

Enroll to start learning

You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.

Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Define pricing strategy.

💡 Hint: What does it involve?

Question 2 Easy

Why is aligning design with pricing strategies essential?

💡 Hint: Consider how design impacts perception.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does a pricing strategy involve?

Setting production costs
Determining sale price based on various factors
Designing the product

💡 Hint: Think about what pricing strategy actually does.

Question 2

True or False: Design choices can influence the final pricing of a product.

True
False

💡 Hint: Consider the relationship between design and cost.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Imagine you are launching a new smartwatch. Based on its high-tech features and premium materials, suggest a suitable pricing strategy and justify your choice.

💡 Hint: Consider the features and how they impact value perception.

Challenge 2 Hard

You have designed an eco-friendly product intended for budget-conscious consumers. Propose how to structure the pricing while keeping design appealing.

💡 Hint: Think about balancing sustainability with affordability.

Get performance evaluation

Reference links

Supplementary resources to enhance your learning experience.