Hey I am on Medial • 4m
A adds more value to the product. Human minds are wired in a way that, High Price = High Quality. Even If u provide the fare pricing, they will still demand for offers and discounts. (Same goes for every product - In the common purchasing minds)
Everything about Mar... • 10m
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
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Everything about Mar... • 10m
Have you ever listened about product saturation or maturity stage of the product ? little bit confused by this term , right! . Product life cycle means the stages which a product goes through from the launch to eventually removed out of the market ,
See MoreLearning 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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Hey I am on Medial • 6m
If you’re planning to sell products on an e-commerce platform, would you test different pricing strategies, different value propositions and marketing strategies before investing in manufacturing or purchasing inventory? If so, what if someone could
See MoreHey I am on Medial • 9m
Uber has changed its pricing model for auto rickshaw drivers, moving from a 10-15% commission per ride to a fixed subscription fee. As a result, all auto rides will now be cash-only. While Uber will continue addressing major safety concerns, it wil
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