Hey I am on Medialย โขย 2m
A adds more value to the product. Human minds are wired in a way that, High Price = High Quality. Even If u provide the fare pricing, they will still demand for offers and discounts. (Same goes for every product - In the common purchasing minds)
Business enthusiasti...ย โขย 8m
Pricing Strategies:- 1. Cost-Plus Pricing: Adds a markup to production costs. - Example: A $10 product sold for $15 ensures profit. 2. Value-Based Pricing: Prices reflect perceived customer value. - Example: Apple charges premium rates for i
See MoreBusiness enthusiasti...ย โขย 8m
Have you ever listened about product saturation or maturity stage of the product ? little bit confused by this term , right! . Product life cycle means the stages which a product goes through from the launch to eventually removed out of the market ,
See MoreLearning is key to s...ย โขย 1y
Come-on guys let's learn about the PRICING today ! Price of a product is the amount which a buyer is willing to pay & seller is willing to charge/sell for the product. Price of the product may also determine the success of the product at some exten
See MoreHey I am on Medialย โขย 7m
Uber has changed its pricing model for auto rickshaw drivers, moving from a 10-15% commission per ride to a fixed subscription fee. As a result, all auto rides will now be cash-only. While Uber will continue addressing major safety concerns, it wil
See MoreHey I am on Medialย โขย 4m
If youโre planning to sell products on an e-commerce platform, would you test different pricing strategies, different value propositions and marketing strategies before investing in manufacturing or purchasing inventory? If so, what if someone could
See Moremysterious guyย โขย 5m
๐ฅBig win for riders in Maharashtra! Now Onwards, if your Uber/Ola driver cancels or refuses a short trip, youโll get paid โ โน100 or 10% of the fare (whichever is less). Money goes straight to your account. No more free pass for driver cancellation
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