Most small businesses fail in India, 50% of small businesses don't even make a rupee but why is that,
To Give you a deeper understanding,
There are only 11M small businesses in India,88% of them are sole proprietors
Out of 11 Million businesses
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Anonymous 2
Hey I am on Medial • 10m
It's not just about being a broker or a manufacturer. The success of a small business depends on various factors such as market demand, pricing, competition, and customer service. Which is COMPLETELY untracked
0 replies1 like
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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
