Over the last year your boss has noticed that it would be useful for your firm to understand how consumers behave when variables in the market change and how these changes affect the total revenue for your product. you have been asked to do an analysis for your product, good
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Well if I'm asked to analysis for their products then I will decrease the price by 40% of the current price by which the process of selling products will be increased and the company will get profit.
eduatulrajp3br2d:
if u drop the price then who will pay for the loss
But the commodities will be made in less money by which price will be decreased.
Hope you understand sir
in other case u will gave offers in case of giving discounts like..cashbacks..coupons etc
Ya i know it may be risky.
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i will also decrease price but not 40%.if i got that type of chance i will decrease 50% and when product is going famous in market then i will increase product price
if you decrease price then suddenly your compititor also decrease..then what will u do now ? it may be risky thoughts
well before decreasing money i will manage all the other things first so the company dont get loss
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