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Why is setting the right price a challenge to marketers?

goji.go

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Posts: 5977

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11 years ago

Why is setting the right price a challenge to marketers?

Why is setting the right price a challenge to marketers?

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3 Replies

Diesel

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bbb

wrote...

#1

11 years ago

Trying to set the right price can be a real challenge for marketers. The price of a product has to be low enough to generate enough value to customers to motivate sales, yet high enough to enable the company to cover costs and earn a profit. Setting the right price is challenging because market conditions are always changing.

goji.go Author

wrote...

#2

11 years ago

Thanks

Smiling Face with Open Mouth

Diesel

bbb

wrote...

#3

11 years ago

Let me know if you need more help with your business homework.

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