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"The most important input for your pricing is quite simple: are enough people buying it at its current price? If not, you might have a pricing problem, but not
by mojaam 13y ago
"The most important input for your pricing is quite simple: are enough people buying it at its current price? If not, you might have a pricing problem, but not necessarily. If enough people are buying it, you face the interesting question: can you charge more?"
Wished he'd defined what's "enough" at least for him.
- obviouslygreen 13y agoI think that's the point: He can't, and if he did, it wouldn't be relevant to anyone else. Figuring out what entails "enough" is exactly the exercise that makes the question useful.