The growth of investment in the US, directs our focus on the success of a large infrastructure package recently signed by the new US administration, which includes funding for bridges, roads and sewage …show more content…
In this case, CEMEX determined the pricing strategy that will help the organization achieve the objectives. CEMEX has set a price target of $98 per cubic yard, according to its new market goal. The goal is to increase our sales domestically in the United States. CEMEX gives the consumer the perception of the value of the benefits received by purchasing its products. This results in a value pricing strategy. As long as CEMEX’s price exceeds the cost of production it is meeting its pricing objectives. Our recommendations to CEMEX is to continue to bring value to its products by adding other features that give a perception of innovative and sustainable solutions and high-quality