Analyse different pricing strategies

Imagine this
brand is extending its reach to a new target audience with a new
product. Identify this new target audience and then outline the
beginnings of a pricing strategy for this new product, by offering
specifics instead of generalities about the strategy. For example, do
not merely say “I suggest a competitive price.” Instead say, “I suggest a
high-volume, low-introductory price.”  Provide a rationale for your
strategy choice(s).
In today’s economic climate, retailers are
continuously conducting sales in order to get customers in their doors.
Analyze the short-term and long-term effects of continuous sales to all
stakeholders.