Is market go with low prices or high prices?

Question

Accepted Answer

The market can go with both low prices and high prices depending on various factors.

The market can go with low prices when there is high competition and excess supply.
Low prices can attract price-sensitive customers and increase market share.
On the other hand, the market can also go with high prices when there is limited supply or high demand.
High prices can create an image of exclusivity and quality, attracting certain customer segments.
The pricing strategy should be based on market analysis, competition, target customers, and product positioning.

Accepted Answer

Market go with customer satisfaction, if we are giving satisfaction to the customers, in that case we always go up in the market and this can happened for our quality and our services.

Is market go with low prices or high prices?

Top Wonder Wallcare Executive - Sales & Marketing interview questions & answers

Popular interview questions of Executive - Sales & Marketing