I am working on a new business idea, which is a drink made up of ingredients that help with the digestion of alcohol, to lessen the effects alcohol has on the body. It specifically helps the liver process alcohol better. I am attaching my paper, although I must revise it to be more specific that my product is a drink specifically, so please keep that in mind.
Please use my paper and your own research to answer the (3) questions below regarding Pricing and Positioning of my product. Each questions should be a 150-words.
(1) Specifics on your market position relative to your competitors
(2) Pricing for your product or service – include specific type of pricing strategy
(3) How will your pricing support your position?
