The relationship between price and sales
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- Posts: 1
- Joined: Wed Jun 16, 2021 4:01 pm
The relationship between price and sales
I want to know how high the price can be adjusted when the market is completely occupied
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- Community Contributor
- Posts: 74
- Joined: Fri Dec 10, 2021 10:30 am
Re: The relationship between price and sales
I like to use the overall rating as a basis to know how high to set. I try to set it to as close as the competition or city average if there isn't any competition.
But to be honest, I've never really gotten as good results in Retail as an AI or a COO.
Plus it also depends on your branding and the product itself. Some products don't care much about price and want brand Vs others that want price not brand.
Hope it helps
But to be honest, I've never really gotten as good results in Retail as an AI or a COO.
Plus it also depends on your branding and the product itself. Some products don't care much about price and want brand Vs others that want price not brand.
Hope it helps
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