Price and Channel StrategyTop of FormBottom of FormAssignment Content1.        Top of FormPurpose of Assignment This assignment is designed to help students analyze and understand how price setting and go to market (distribution) are interrelated and affects the profitability and growth of the business. It has been designed to be a short overview on purpose: the concepts of pricing and distribution are complex and a general understanding is what should be absorbed in one week of study. Assignment Steps Resources: Marketing Plan and OutlineConstruct a minimum 700-word plan for setting price and a distribution model (place/distribution) in Microsoft Word. This plan should address at least three elements (from the Price and Place/Distribution list below) of the Price and Place/Distribution section of the marketing plan.o   Price and Place/Distribution:o   Distribution Strategieso   Channels, Mass, Selective, Exclusiveo   Positioning within channelso   Dynamic/Static Pricing Strategieso   Channel tactics (Pricing)o   Daily pricing, promotion pricing, List pricingNote: Charts/graphs/tables do not count toward the word count.The plan will be a continuation of your global or multi-regional business you chose in Week 1. This will be incorporated into your overall marketing plan for Week 6.Format your assignment according to APA guidelines.Submit your assignment.Bottom of Form