Reflections Post 2

In class lately we have been learning about how companies market new product they are coming out with. The thing that caught my interest the most was how some companies like coke and Pepsi will advertise against each other in the same commercial or advertisement to persuade you that one is better than the other. Then there is the cycle that each company will go through when they want to introduce a new product that will effect how well it sells. I never realized how much time they actually put in to decide on the price of something new.