Itqualityassurance
- What happens if your price is too low?
- Is it possible to set a price too low?
- What is price as low as?
What happens if your price is too low?
Effects of Low Pricing
Many look for value and not just the lowest price. Those who want quality products are usually willing to pay a price that the products are worth. Setting prices too low can convey the message to consumers that your product isn't as good as other similar products on the market.
Is it possible to set a price too low?
The price you charge for your product or service is one of the most important business decisions you make. Setting a price that is too low will - at best - limit your business growth. At worst, it will cause serious problems for your sales and cash flow.
What is price as low as?
The “as low as” price is the lowest possible price for a product. To purchase an item for the “as low as” price, customers must pay with one of the discounted payment methods. Also, because quantity discounts apply to most products, the “as low as” price usually pertains to bulk purchases.
