Tag: business evils
Different approaches to pricing
My apologies to all the people that have been trying to access the chart titled ‘different approaches to pricing’ linked from this post. It got lost somehow…it must have been me. Anyway, I’ve recreated it and it can be accessed from the original page: Different approaches to pricing.
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Different Approaches to Pricing
Cost plus pricing is one of the biggest evils within businesses. It appears the safe approach but fails to maximise opportunity. Also, taking this approach, sale prices tend to erode to the level of cost prices. This is unacceptable for most businesses. There are in fact many different solutions to determining a price. Some of…
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