Have you ever been responsible for setting the price for something? describe the product and how you decided on a price.
by Guangyi (Li) Li -
Number of replies: 0
No, but if I'm going to make the price of one product. I would consider the total cost of the products (The fix cost and variable cost) And I would consider the expenses of the product. And also consider the brand effect of the price: If customer want to pay more money for the brand or if the price would effect the brand image of target customers.
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