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The relationship between price and sales

Posted: Wed Jun 16, 2021 4:18 pm
by asd8569559
I want to know how high the price can be adjusted when the market is completely occupied

Re: The relationship between price and sales

Posted: Sat Dec 11, 2021 1:02 am
by CapitalismLabStory
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 :)