Pricing an Innovative Product

In this project, our employer intends to reduce the concerns of his customers in attracting labor by innovating a machine for industrial factories.

The employer had prepared the product on a trial basis and intended to produce and market the product more seriously, and the main question was how much should we set the price of this product so that the customer is not lost?

In response to this question, we examined the factors affecting the product price, including product life cycle, level of competition, value proposition, etc

Finally, we reached a combination of product package and price that the employer had the necessary confidence to present it to the market.

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Categorised in: projects