-
Pricing Sensitivity: Meaning, Calculation & Strategy
Introduction Price sensitivity is how likely you are to buy or sell something at a particular price. And it is important because it helps you know when to sell your stuff and when to hold on to it. When you buy food, you’re sensitive to the price of food; when you buy clothes, you’re sensitive…
-
Pricing Surveys: Methods, Tips & Templates
Pricing is a major motivator for most customers when purchasing a product or service. Customers are always looking for the best deal, an affordable but high-quality product. Pricing surveys can help you figure out how much your product is worth to customers and how much they are willing to pay for it. These surveys remove…