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Perhaps it's because you need data to arrive at the correct pricing and if you price too high, you won't get that data. It may make sense to lose a little bit i
by curun1r 9y ago
Perhaps it's because you need data to arrive at the correct pricing and if you price too high, you won't get that data. It may make sense to lose a little bit initially during the data gathering stage to more quickly arrive at an accurate pricing model than to overestimate and allow your competition to gather all the data.