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Pricing Your Product or Service
12. Other Considerations
12.1 Would more marketing muscle help?
- Would sales rise if you increased prices by five per cent and spent the extra revenue on promotional activity?
12.2 Control your variable costs.
- Are there cheaper supplies elsewhere?
- Would the suppliers you have already lined up be prepared to drop their prices?
12.3 Can fixed costs be pared down?
- What could you negotiate?
12.4 Should you alter your product mix?
- If you cannot make enough profit on a product, consider dropping it.
Labels: Increase Sales
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