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Shuvodip Ray
•

YouTube • 9m

How do we determine the value of a product or service when setting prices, and what factors should be considered in deciding pricing strategies?

4 replies5 likes

Replies (4)

Anonymous 2

Hey I am on Medial • 9m

You’ll get really vague answers without telling about the product. Products have to personalised to be sold, in today’s world more so. Whats the product?

1 replies2 likes

Anonymous 1

Hey I am on Medial • 9m

The key is to balance cost-based pricing with value-based pricing. You need to consider: -Production costs (including overhead) -Market demand and elasticity -Competitor pricing -Perceived value to the customer -Brand positioning

0 replies1 like

charmi shah

Analytical mind, str... • 7m

firstly is it a product or a service that differs on that. there's already an explanation for product based pricing on the comment so I will explain service based. in service based you have 2 options -Time based price usually you charge according to time as there are on freelancing platforms - service based price in this you charge as per your service and it's outcome generated.

0 replies

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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

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