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Pricing For Profit. Part 1

Posted by bloggertone under Marketing
From http://bloggertone.com 4991 days ago

You should bear your business strategy in mind when setting prices. Knee jerk pricing, used simply to boost sales or cash flow by lowering prices in a slack period, can have disastrous consequences...

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Written by nialldevitt
4991 days ago

I've seen so many small businesses adopt a reactive rather than proactive approach to their price setting. Dropping price is not the answer, particularly when you consider that's the exact same approach that your competition are engaging in too. As Fred points out, the key is really examine the business and learn how to diffrenciate. Thanks for sharing, Niall

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