#6 Aggressive Pricing Strategy
BYD's competitive edge is rooted in its ability to produce vehicles cost-effectively, allowing the company to introduce electric vehicles such as the Yuan Plus with a price below $20,000 .
The strategy of aggressive pricing significantly contributes to BYD's success, particularly when contrasted with the pricing challenges faced by Tesla.
4
98 reads
CURATED FROM
How BYD Beat Tesla in the Electric Vehicle Market in Q4 2023
trajectorymatrix.substack.com
7 ideas
·750 reads
IDEAS CURATED BY
The phone battery maker that became an EV giant
“
Similar ideas to #6 Aggressive Pricing Strategy
6 common pricing strategies for small businesses (part 1)
- Cost-plus pricing: You make the product, add a fixed percentage on top of the costs, and sell it for the total.
- Competitive pricing: It refers to using competitors’ pricing data as a benchmark and consciously pricing your products below theirs.
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