There are early warning signs. Because price wars just don’t happen out of the blue. You won’t wake up one early morning, scratch your head and say, “S*%&t, I need to lower my prices!”
Solve a problem in a unique way to be competitive.
Yes, there is a pricing strategy where you go in low but this a short-term strategy. It is always supported with other elements, like loyalty programs, product bundling and limited features.
Listening to John Oliver’s take on Net Neutrality, he brought up how Comcast and Time Warner compete with each other –…
Increasing sales, achieving profitable sales and selling more is always a priority for every business owner. There are lots of…
Pricing strategy, which one is right for your product or service? Pricing right is a challenge. For example, if you sell…