Posts

ASK LEO: HOW CAN MARKET PRICE OF GOODS BE UNDERSTUDIED?

avatar of @peterale
25
0 views
·
2 min read

When marketing strategy is being talked about, there are lot things to be put into consideration if you are someone who owns a business. And doing business, there are lot of things that should be considered if you are the manufacturer of the product you wanted to sell or market. Moreso, in a situation where you are not the only one selling the particular product, there are some things you need to make fundings about to keep your price at per with the general market price so that you won't fall short of gain.

Strategy of surfing to know the general market price.

When doing business, aside the cost of production if you are actually the manufacturer, you need to know how to surf the market to have the idea of the current price in general. This is one of the tricks I use, I rear and sell Broiler birds, at every given time I usually go to the market where live chicken are sold to ask about the price of the sizes of birds I see in the market so that will give me a clue on how to sell my own product too.

The purpose of my going into the market isn't to buy but to have clue about what the current price of my kind goods say. That's for the purpose it stands for and that has been helpful to me and my business in general.


Please note that, this isn't a cryptocurrency, financial or business advice,it's just an opinion. If you need a cryptocurrency, financial or business advice, consult a cryptocurrency or financial experts. Thank you.


Thanks for stopping by to view my blog. Please do have a wonderful day ahead.@peterale cares🤭