Whenever inaugurating a new business in today’s e-commerce era, where comparison of products is done digitally, the utmost challenge is pricing your products profitably. Pricing your products too high can lead to no or fewer sales and pricing them too low can lead to negligible profits. On the customer’s side, the most crucial and noticeable factor before purchasing is price. So, businesses should focus on such strategies for pricing that can increase sales as well as can increase profit too. But, this is hard since competition is so tough now. A single product is manufactured and sold by various ...Read more
