Grow: Setting a low price, leaving most of the value in the hands of your customers, shutting off margin from your competitors.
Skim: Initially setting a relatively high price to reinforce your value and capture the profit you need to invest in more innovation.
Follow: Setting price based on your largest competitor or a dominant input so that you track changing market conditions.
16
32 reads
CURATED FROM
IDEAS CURATED BY
"Yeah, I'm a thrill seeker, but crikey, education's the most important thing. " ~ Steve Irwin
The idea is part of this collection:
Learn more about strategy with this collection
How to balance flexibility and structure in a hybrid team environment
Understanding the challenges of managing a hybrid team
How to maintain team cohesion
Related collections
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates