Quote from: kirya on Today at 04:48:32 PM

Are there e-commerce retailers here? I started this kind of business and I hope to have an additional income from it soon. But I'm still clueless about some things. How often do you change your prices? Seasonal or based on your competitors? How do you approach these two different strategies?
Thanks in advance.

Not only competitors but also customer demand and market situation have a direct impact on the price of your product. I've recently read a good article about Impact of Inflation. High inflation will erode the budget of consumers, leading to lower overall economic growth and reduced standards of living. With higher prices, businesses have fewer customers, so it is essential to be careful when you increase prices on your products or services.