If the agent's price is too low, the founder can suffer a big loss because the profit margin becomes thin.
In the end, we didn't see any profit. We didn't study the market.
We set agent prices as we please, without looking at the market, competitor prices, and production costs.
There are also those who do not consider production costs and overhead. If the costs are high, the agent's price will increase, but the profit will not increase.
So, how to avoid this mistake?
We have to study the market . Look at the prices of morocco phone data competing agents. See how they set their prices. If we see that they are struggling to sell, why not follow their prices.
Make sure to calculate the production costs carefully. Don't forget overhead costs, employee salaries, etc. Otherwise, we will lose.
Create a financial budget that takes into account all costs and makes sure you make a satisfactory profit. Once we have a budget, it's a little easier to determine the appropriate agent price.
If you are not sure what the agent's price is, test the market. Set the agent's price in different ranges, and see which one is the most effective. You can also ask for feedback from agents or customers.
We need to get the most optimum agent price. We always communicate with the agent, or the contractor to make sure the price is in the right range.
So, don't mess around with agent prices, because it can make or break your business!
Misplaced Agent Prices
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