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Adithyan Selvaraj

Building Staynix🏠 • 1y

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

charmi shah

Analytical mind, str... • 1y

it depends on the market or region you are targeting if I specifically say about Current India this strategy would work as Gen Z and Millions are trying to break their survival mentality and trying to live a surplus life which this strategy helps as it shows more worth than the actual price offered. but if you are targeting the niche Rich class then it might not work as they tend to show more on the money value side then offer so they would prefer the single price .

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Adithyan Selvaraj

Building Staynix🏠 • 1y

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Anonymous

Hey I am on Medial • 1y

What you guys think about custom print tshirt brand.? Like for me the price is very High. If someone give price less then that as compared to other then it should be beneficial or not for that company.

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Vishal Laljani

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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

Yes, of course

No, I don't think so

Votes: 31

10 Replies

Anonymous

Hey I am on Medial • 1y

Why do we as Indians tend to agree (or don't easily criticize) the business advice of foreigner entrepreneurs even if it actually doesn't quite work out for the Indian market, while easily tend to dismiss good business advice from our own country's e

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Aadi Karani

Learning is key to s... • 1y

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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Rishi Chavan

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This is the Dunning Kruger Effect. A psychological phenomenon described as when we tend to get knowledge and start learning in a particular field, our confidence skyrockets at first but gradually self-doubt arises and then if you stick with it, you