The freemium pricing strategy involves offering free products, but selling premium or add-on features of the product. In Google’s marketing mix, this pricing strategy is used for products like Gmail, which has a premium version for businesses. The market-oriented pricing strategy determines prices based on market conditions. Google’s marketing mix uses this strategy for pricing its products like Chromecast. On the other hand, the penetration pricing strategy involves low prices that allow the company to gain market share despite the presence of large competitors. In Google’s marketing mix, penetration pricing is used for the Google Fiber Internet and cable television service, which directly competes against Comcast. The value-based pricing strategy determines prices based on customers’ perceived value of the product. In Google’s marketing mix, the value-based pricing strategy is used for its AdWords online advertising service, where advertisers could place bids based on their perceptions of the importance of these advertisements.