Ateneo Professor on Entrepreneurship
From Small Success blog by Jeanne Rossome
These are various pricing strategies to get various types of buyers at your door.
You can have entry level goods, mid point price range, price more for speedy delivery; self service vs delivery You do not have to one price fits all strategy; Avoid the discount trap. Some tips
l. Give digital gifts instead of discount;
2. Create bundling so that it becomes difficult for buyers to compare with competitors;
3. If you are dealing with resellers, price and credit limits must be based on volumes
More pricing srategies tip by Jeanne Rossome
Author - semi retired business entrepreneur leader who is now a senior citizen. Current posts are about his current business experience and learnings. A former lecturer at a top GSB in the PHL for more than a decade. We had great successful entrepreneur graduates
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