Pricing analysis

  • Posted:
  • Proposals: 19
  • Remote
  • #2588786
  • Awarded
Melissa L.
DARTJagendra S.April Z.Tauqeer K. + 14 others have already sent a proposal.
  • 14

Description

Experience Level: Expert
We are a niche seller offering products in a very popular category.
Most of our competitors offer very similar products at similar prices. Because of the similarity of the products, prices have been driven fairly low.
Our products are more expensive. Our products have the following characteristics:
1. They are more sensitive than the standard products, making them more attractive to many customers.
2. Some of our products are much easier to use, and are more reliable, than competitive products. However, these products are less familiar to customers.
3. Customers buying our products are anxious to have reliable and accurate products.
We are looking to determine the best price points for our products. This means that point that will generate the most sales consistent with high profits.

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