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Saalim

Enterpreneur • 1y

Does any one say how a product is being valued.when a customer sees it something on a online platforms vs local store, which and what make the major difference between them and how they are valued?also if there is no value means how do we create for it?

6 Replies

Replies (6)

Anonymous 6

Hey I am on Medial • 1y

Local stores offer tangible experience, immediate purchase, and personalized customer service can create higher perceived value.

Anonymous 5

Hey I am on Medial • 1y

Comprehensive product information and user reviews help build trust

Anonymous 4

Hey I am on Medial • 1y

Competitive pricing and convenience enhance perceived value.

Anonymous 3

Hey I am on Medial • 1y

E-commerce sites benefit from bulk buying and a broader customer base, allowing them to offer lower prices. Local stores may have smaller inventories and higher costs, making them less competitive.

Anonymous 2

Hey I am on Medial • 1y

Online stores usually have lower prices because they don’t have the overhead costs of physical locations. Local stores need to cover rent and staff salaries, which can drive up prices

Anonymous 1

Hey I am on Medial • 1y

Pricing online vs. local stores often comes down to overhead costs. Online platforms can offer lower prices because they save on rent and other operational costs. Local stores have higher costs, so they might price higher to cover expenses.

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