3 ms·
> definitely the most optimal way to price your product. Only if you have no competition. If you do, you can expect them to undercut your most profitable mark
by mr_toad 4y ago
> definitely the most optimal way to price your product.
Only if you have no competition. If you do, you can expect them to undercut your most profitable markets.
- iso1631 4y agoThe presence of competitors selling the same or alternative goods lowers the "max they are willing to pay"