Hey everyone.
IDEA VALIDATION!!!
I want to build an app for workers like plumbers, carpenters, painters, etc. that can be called in order to do fix little things like in a day to day life basically to provide a service in return of money.
Selling at cheaper price can be great for attracting customers but there your margin will shrink. You can't only play in pricing, try to focus on cost optimisation, distribution and other unique offerings.
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Ronak Patel
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Wth is CM1, CM2????
CM - Contribution Margin
Contribution margin is the selling price per unit minus the variable cost per unit.
CM1 =
Contribution margin one= selling price- material costs - logistics costs.
CM2=
Contribution margin two= sellin
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
*USP (Unique Selling Proposition)* refers to the distinctive feature or benefit that sets your product or service apart from competitors. This is essentially the reason why customers should choose your product over others, highlighting its uniqueness
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NovaEra Hub
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in previous some post I had posted an idea of creating edible food packing and got good response from everyone.
Now here's come the pricing problem a batch of creating a 100 450ml container cost around 2680rupees, which make the price of each contain
Planing to start a own clothing brand need investors.
Mentioning below all the points which makes unique and different from other brands and which can also make this brand grow faster.
1) Unique designs and Custom designs.
2) Cheaper than all the ot
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Chetan Vairat
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What are your thoughts on opening a recruitment consultancy with a unique selling proposition (USP) focused on offering competitive rates, rather than the standard 8.33% fee?
By differentiating ourselves through more attractive pricing, we aim to a
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The Psychology of Pricing: How to Set Prices That Sell
Pricing isn’t just about numbers; it’s about psychology. Understanding how people think can help you set prices that not only attract but also convert. Here’s how:
1. The Power of “9”: Ever wonde
There are 10 ways to evaluate Market.
1. Urgency.
How badly do people want or need this right now?
2. Market Size.
How many people are purchasing things like this?
3. Pricing Potential.
What is the highest price a typical purchaser would be w
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vishakha Jangir
•
Set2Score • 26d
𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗺𝗮𝗻 𝗩𝘀 𝗘𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿 :
𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗺𝗮𝗻 :
Product Form: Sells whole watermelons in their raw, original state.
Pricing Strategy: Fixed price of $4 per watermelon.
Revenue per Unit: Earns only $4 per watermelon