Dec 27, 2018         2466         No Comments        

The basic and traditional pricing strategy is the cost plus strategy. That is adding a margin to your cost price and you call it your profit margin.

This basic approach will naturally mess you up when cost prices go up, inflation goes up, exchange rate becomes unfavourable or customers’ purchasing power dips.

There are 9 pricing strategies that is guaranteed to keep you profitable at any point in time in business, do you know them?

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