The Price is Right - Now Choose your Cost | Small business news; tips; networking

Posted by ivanpw under Products and Services
From http://www.noobpreneur.com 3381 days ago
Made Hot by: DigiTechBlog on August 26, 2015 12:05 pm

Price-setting is a myth - the price is either right for your customers or will cause failure for your business. Here are three product pricing tips for you.

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Comments

Written by lyceum
3374 days ago

Ivan: Thanks for the information! Do they mainly collect small gold bars then? It will be interesting to see what will happen with the "spread difference" between gold & silver ratio, after what is happening in mainland China right now...

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Written by lyceum
3374 days ago

Ivan: More power to you! I will keep stacking too. Do you have many preppers in your area? Talk to you soon again!

Best Premises,

Martin

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Written by ivanpw
3374 days ago

Martin,

I know no one - but naturally, people in my country is basically bullish on gold - pretty much like India. Gold "stashing" is quite common here.

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Written by lyceum
3378 days ago

Ivan: Great to hear! Now we need to get paid in real money, i.e., gold and money. How is it going with your site on precious metals?

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Written by ivanpw
3375 days ago

Real money FTW :)

The site is dying, unfortunately. Nobody trust a noob when it comes to investing. So, I'll just keep on stacking and exploring new investing opportunities - then I can comeback as an expert!

Fingers crossed ;)

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Written by lyceum
3380 days ago

Thought provoking post! I often say that the price is always right on the market, and then it is up to the customer to vote with his or her wallet.

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Written by ivanpw
3379 days ago

Cheers, Martin!

Yes - I agree. I always believe that price can be as high or low as what the market is willing to pay. And I learn than perception of value is what determine the premium :)

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