Page 8 - Creating a pricing strategy for your start-up business_Neat
P. 8
You may find one or two competitors whose prices are
significantly lower or higher than all the rest, you might want to
consider extremes anomalies and focus on the rest.
Your pricing compared to your competitors.
As a new business, you're likely going to need to pitch your prices
toward the lower end of the spectrum, at least until you're more
established. Or you can decide to undercut your competitors
completely and offer a lower price than any of them. If you go
down this route, you'll need to consider whether you'll make an