Now that the product and promotional decisions have been mad

Now that the product and promotional decisions have been made for thenew product, Michelle is concerned about the pricing of the new productand the distribution channels that will be used to make the productavailable to customers. She has asked you to write a 2-3 page memooutlining two different pricing strategies that MM should consider. Hervoice mail message goes on to say,I want you to recommend which strategy you think should be used forthe target market and why. The second part of the memo should outline adistribution plan that will make the product available to the targetcustomers.You are ready for Michelle’s request and begin drafting the memo to her that same day.Deliverable Length: 2-3 pages