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You are here: Home   Categories   Other & Miscellaneous  What is a pricing strategy?
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Submitted 241 days ago...

Harmonics881

Harmonics881

New User (1)

What is a pricing strategy?

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Answer 1 / 1 - Submitted 146 days ago...

gp1628

gp1628

Beginner (36)

It refers to the reasoning you use for setting your prices. Such as:
A) a reasonable profit
B) a high profit for limited items or to make the product seem better
C) a very low profit to get some recognition and traffic, then raise it
D) a slightly bloated price so that you can often have sales and specials

Here is a good place to start
http://en.wikipedia.org/wiki/Pricing_strategies

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