Does it matter if my product prices are way less than my competitors, even though I make a profit?

Md Ariful Islam

0 like 0 dislike
1 views
Share with your friends

1 Answers

Dr. Md Rushad Rahman

Call

Yes. There is a lot of psychology involved in pricing. If an average price for a product is $25, but you sell the same product at $10, then a lot of people will think, "It can't be this cheap, it must be stolen or crappy quality." And honestly, it usually is. If you have a genuinely good quality product that you can sell for far less, then you will quickly have a lot of new competitors selling at your price; everyone wants a piece of the pie. This can kill the market.

1646 like 0 dislike
1 views
Talk Doctor Online in Bissoy App
What do I do if my email account doesn't make a sound even though notifications are on?

Go in to settings, desktop notifications, and make sure the new email notification is on. Above that, press the link '' click here to enable desktop notification for Gmail ''...

2 Answers 1 views
I'm holding it the right way, but it feels slightly uncomfortable. I don't mind if there's no other way, but is there a way to make it a little less so?

One way is to angle it slightly left or right. This helps you find a feel and balance that is unique to you.

2 Answers 1 views
Using the theory that lighter blends are less bitter (Method 3), would light roast coffee be even less likely to be bitter than medium roast?

Yes, this is correct.

2 Answers 1 views
How do I reject a man asking you out who is a lot older than you? Should you say you're underage even though it's obvious or is it safer to not say it?

You should probably say it, and loudly. If the person is talking to you online, type it out so there will be documented proof that you stated your age. You...

2 Answers 1 views
When do we need to change the greater than and less than symbol of an inequality?

When you divide or multiply an inequality by a negative number, you need to flip the inequality sign.

2 Answers 1 views