You Increased Your Prices – Did It Help or Hurt?

2 pointsposted 12 hours ago
by kingmailer

Item id: 48665606

2 Comments

jamesli233

11 hours ago

Pricing is a discipline. I feel that it cannot be determined solely based on costs; instead, it should be set according to the value that the product can bring. Pricing essentially involves finding the most suitable product-market fit.

kingmailer

10 hours ago

Pricing these days is usually based on “what consumers are prepared to pay”, but this you can usually only find out by doing tons of surveys / research, most small founders don’t have this, I agree with you that it should not be based on “what it costs to produce”