5 Scenarios when you can use Competitive Pricing Strategy | SYMSON

Описание: In this video, we explore the critical scenarios where competitive pricing can be used as an effective pricing strategy to increase sales and gain a competitive advantage.

Competitive pricing is a strategy that involves pricing your products or services in a way that is competitive with similar offerings in the market. It can be an effective way to attract customers and increase sales, but it needs to be implemented carefully to avoid eroding your profit margins.

In this video, we discuss five scenarios where competitive pricing can be used effectively. These include:

. Higher prices
. Price Matching
. Lower prices
. Price skimming
. Key Value Item Pricing