How do you go about pricing your products or services?
In Microeconomics I've been taught the general supply/demand law and how pricing lower than your competitors increases the demand for your products.
But I guess this is only true for commodities and not differentiable products & services...
Hi, first time poster from Croatia here :)
I'm a programmer who wants to become an entrepreneur and here is where I'm at right now.
Last year, my college friend and I took part in a competition in creating apps for businesses.
Our job was to help a small manufacturer of remote-controlled ships...
PRICING MODELS MASTER THREAD
I searched for a list like this the other day. Google returned a scattered mix of results. Didn't find one here either. So I thought it might be useful to list different pricing models into a single place.
Please Note: There are other threads for pricing strategy...