One of the most important business decisions that can be, and often has to be, made is one regarding the pricing of a particular product or service, since this is what would differentiate a brand from competition. Here are a few tips regarding the various pricing strategies used by Manitoba accountants to give businesses a distinctive edge in the present business scenario.
High pricing strategies
These are basically of two types:
Creaming – This refers to selling a product at a higher price and making sufficient profit before new players come into the picture. Read more