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>> There is almost always a way to differentiate your product or service. Can the differentiate be in terms of pricing? For example if the competitor is chargi
by antoaravinth 10y ago
>> There is almost always a way to differentiate your product or service.
Can the differentiate be in terms of pricing? For example if the competitor is charging say 80$ per month, what if my product charges say 10$ per month?
- critiq 10y agoshort answer: yes however there are many factors to consider before going that path * Low price start will be barrier for any future price changes or re-assesment. * There is quality perception attached to price so it impacts brand perception. * Even with price differentiation quality is something cant be compromised (in most of cases)