Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
The relationship between business products and price.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Holicent, post: 256316, member: 76163"] The relationship between business products and price is a complicated one. The price of a product or service can be influenced by the cost of producing it, but not always in predictable ways. If a company's costs are rising, it will have to raise the price of its product in order to cover those costs. But if a company's sales are going up at the same time as its costs, then it can afford to lower its prices. This means that they're not "price-sensitive," which means they don't have to raise their prices every time something goes up in price—they can lower them instead. But if a company's costs are going up but not its sales, then it doesn't have any other choice but to raise their prices because they're already making less money than they were before the higher costs came into play. You should be very careful when choosing your products price. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
The relationship between business products and price.
Top