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SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Strategy For Startup Growth — ( 2 ) 3Rd part of 4p strategy and please read my previous part for better understanding about strategy. 3. PRICE — What's your product’s manufacturing costs ? How much commercial revenue you expect to receive ? What's the company’s economic goals ? How much demand for your product or service in market ? What's the prices of your competitors ? How much purchasing power of your consumers ? What are the global Trends and preferences ? What is the lowest price you can set for your product and still maintain the profit margin you need ? Will you offer discounts or buying advantages ? Are you able to set and maintain a competitive market price ? Will your product be offered at more than one price point? If so, why ? Will you offer a loyalty program or rewards program ? Always positioning of your product is beneficial to increase product price and give the impression of better quality. All are vc questions and next post I will cover promotion

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SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Strategy For Startup Growth — ( 2 ) ★ 4P STRATEGY 4P strategy is the most basic strategy on earth and used by every startup ceo with the 100% working rate . 1. PRODUCT — What need does your product satisfy ? What problem does it solve ? wh

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Adithyan Selvaraj

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Thought of pricing the product directly instead of striking out the higher price and show the lower price. For example, The product cost is posted as Rs.5000 ,striked it and the final price is Rs.2000. Do you think that strategy still works? I th

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What's the easiest and the free way for you to do the market research or competition analysis for your product before launching it ? Or you just launch it anyhow without much planning ?

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Aryan

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How do you put price on creativity? How do you know how much to pay for a logo/graphic designer, UI UX folks. How do you decide what's the right price?

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Mohit

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what's your strategy to get the traffic on your site?

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Siddharth K Nair

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📦 The 4Ps Framework: The OG Startup Toolkit If you're launching a product or building a brand, you need to know the 4Ps of Marketing the foundation of any great business strategy. 👇 🔹 Product – What are you selling? A snack brand? An AI app? A

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there are only five ways to increase your networth or you can say business 1)increase your coustomer🤑→increase your coustomer so that you increase your profit. 2)sell more to same coustomer 🤑→what you can do sell more to same coustomer you get in

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Vishal Laljani

Hey I am on Medial • 18d

ChatGPT is now available in India at ₹399/- !! Here's Why? ⚡Pricing Strategy used- Market Penetration 🤔 What is Market Penetration? It is a strategy which is used by companies to quickly penetrate into the Price Sensitive market, by lowering the p

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SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Strategy For Startup Growth — ( 2 ) ★ 2nd part of 4P strategy and please read my previous post for better strategy understanding. 2. PLACE — Where will your potential buyer look for your product? Will it be found in a brick and mortar store

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Nithin R

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