Top 3 Pricing Strategy

by | Oct 2, 2021 | Blog | 0 comments

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  1. Value based

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you set the price on what you think customers value your product, this is great for luxury products.

2. Cost Based

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you set the price based on the cost of your product plus a margin that you set.

3. Competition pricing

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You set the price based on what the competition prices their products at. This is a good strategy if you have a strong value proposition because you will then compete on value not price.