Before determining the preliminary price range, we need to conduct a comprehensive evaluation from the five perspectives of industry background, market executive list research, competitors, product stage, and cost analysis . 1.1 Industry Background The industry has a large background and pre-determined influence on positioning and price. The popularity executive list of products in the entire industry, industry tone, and user education all have a macro-level impact on product price and scope. 1.2 Market research When I was studying politics.
Teachers would say that price refers to the value of a unit of goods or services, and its level is determined by market supply and demand. Aside from executive list theoretical knowledge, after all, it is the customer who ultimately pays for the product, so the customer's needs and the supply in the market will inevitably affect the transaction, which will also affect executive list our pricing. Here, we discuss the impact of market research on pricing into two perspectives: market supply and demand and customer perceived value.
Market supply and demand The relationship between supply and demand refers to the relationship between the supply and demand of commodities executive list under the condition of commodity economy, and it is also the reflection of the relationship between production and consumption in the market. In short, most of the demand in the executive list market has stabilized in the short term. As the chart below shows, when production supply increases, demand decreases accordingly. (Photo source Sequoia Hui) Take badminton rackets as an example.