Hey I am on Medial • 18h
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)
Business enthusiasti... • 6m
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
See MoreBusiness enthusiasti... • 6m
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
See MorePassionate about Pos... • 5m
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
See MoreHey I am on Medial • 2m
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 MoreBuilding 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
See MoreDownload the medial app to read full posts, comements and news.