The latter is assigned by the seller

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The product you produce has two interrelated sides - value and price. but the basis for its determination is not only the cost of goods and services, but also the value they have for the consumer.

In other words, it is important how useful the product is for the buyer, what problems it can help solve. The higher the value, the more the consumer latvia telegram number database is willing to pay for the offered product.

Selecting Positioning
In the concept of business management, this means determining the company's place relative to competitors, as well as creating an image of the company in the minds of buyers. Obviously, efforts should be aimed at ensuring competitiveness and forming a business image exclusively in a positive light.

For more effective positioning, a preliminary assessment of the competitive environment should be carried out :

perform an analysis of key players in the market with an understanding of how to compete with them;
identify opportunities to differentiate your product as a key market positioning option.
What 5 Key Metrics Every Manager Needs to Know During a Crisis
It is unforgivable to spend money on advertising now, especially if the sales department is leaking applications. To prevent this from happening, you need to monitor 5 key indicators of marketing and sales.