The Price And The Customers

15 Mar

It is an undeniable strategy for most retail businesses to lower the prices to attract more buyers. Even this strategy seems very effective, reducing the price too much is a different scenario. Your customers still believe that price is related to the quality of the product.

Price, most of the time, is the judge for the value of a product. The customers would expect a higher price value for a high quality product and they would think a low priced product substandard. So they’re going to look at your product and say, “What’s wrong with this?” Customers are expecting an item valuable for their time, effort, and income.

It’s not the price alone; it’s the package that counts




Gideon Valdez

(Blog Post 8 )


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: