ACTIVITY C: (Written Work / Task)
1. What do you think are the most important factors to consider in setting up a price in a product or services? Why? You can use extra sheet of paper to answer. ____________________________________________
Share
Answer:
Five factors to consider when pricing products or services
Costs. First and foremost you need to be financially informed. ... Customers. Know what your customers want from your products and services. ... Positioning. Once you understand your customer, you need to look at your positioning. ... Competitors. ... Profit.