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Can lowering product price be a problem to your business?
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[QUOTE="TOZZIBLINKZ, post: 293562, member: 37528"] For goods and services to be sold and marketed to customers and clients they need to be imposed with prices. Pricing business goods and services can definitely determine whether a product can be sold or possibly not be sold that is why it is advised that business owners and business managers should impose low and bearable prices on their goods and services so that customers and fans can feel compelled and welcomed to patronize the product. It is definitely true that lowering product prices at times could be a problem, but that is only when the cost of producing goods and services has drastically increase. In a situation where the cost of production has increased but yet a particular business owner still sells his our products on a low price, his business may suffer losses. However it is totally advised that you should price your business product according to what was being spent or sacrifice to make them available or to produce them . [/QUOTE]
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