Post
Topic
Board Economics
Re: Dealing with competition and markets saturation in entrepreneurship
by
kotajikikox
on 06/03/2025, 20:53:11 UTC
6) don't increase your price tag above others, rather make your goods affordable, good price of good attract customer s.
Be careful because if you make it too affordable you may not be able to earn anything and you might end up costing your own business more. I say price your goods accordingly. Factor in the material and time and workload put into whatever you are selling and if you feel that it is too expensive then maybe find a way to make a similar quality product but with cheaper materials and less extensive labor.