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Why do you think it is important to have right pricing?​

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Berdajejonnago

Right pricing is important to remain competitive.It brings you the value you deserve for your products and services offered and secures the profits you need to invest in change and growth. Let’s be clear, it is still important to run cost-cutting initiatives on a regular basis and to increase the efficiency of your sales organization. But be consistent and honest with yourself: Invest at least the same amount of energy, time, and money in improving the biggest profit driver "PRICE”.

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QUESTIONS: Why do you think it is important to have right pricing?

ANSWER: Price is important to marketers because it represents marketers' assessment of the value customers see in the product or service and are willing to pay for a product or service. ... Both a price that is too high and one that is too low can limit growth. The wrong price can also negatively influence sales and cash flow.

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