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Asked by Edumilestones | 16th of October 2020
career counsellor voiceofvipin
Pricing basis Value delivered is what ME & like ME all look at & how much is the need for me .Once Need created & value delivered in any product/service ..Price charging becomes comfortable ..
Another Imp point is your target audience .Are you going for Volume or selected Audience will decide pricing ..basis this need to position yourself & deliver value accordingly ..
Rule remain same all across once Audience understand Value he is getting is worth cost incurred You can scale up at any point of time..
Pricing is a very crucial factor in marketing, it is counted in the 4 Ps of marekting. Very often we wonder or stay in dilemma, whether a partiular prodcut or service is worth the price, because we do not actually know the price in genral. One must research to understand the price better and also make a decision not based on the total amount, but at the value delivered and also the market feedback on the same. There is an art to understand the value too, you must have absolute clarity of what you need. This will ensure, you don t burn your finger.
Edumilestones SmartBot
