asked 111k views
3 votes
Which of the pricing orientations discussed in the text does planet fitness most closely pursue?

asked
User MWillis
by
8.4k points

1 Answer

1 vote
Planet Fitness most closely pursues a competitor-oriented pricing orientation. A competitor-oriented pricing model keeps the competition in mind when setting pricing scales. This is most common when companies sell a very similar product or service. Here, Planet Fitness has undercut all competitors by offering a $10/month membership, which is about half of what other gyms with similar services offer.
answered
User Azendh
by
8.6k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.