A note from Sary

The Price Transition Shock can change the experience of operating your business, and you shouldn't take it lightly. There are two major considerations when setting your prices with Price Transition Shock in mind: (1) potential profitability and (2) ideal customer characteristics. 'The best strategy is to set your prices to appeal to the prospects that will ensure you work with your most desirable customers in a way that results in the highest profits.

Sary The Personal MBA, page 123 · October 19, 2023 Save to shelf
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