Monthly Archives: November 2011

I was asked the following question today about cost versus price: How would you answer

Kevin
From the XXX plus products you have handled and been involved in over the years, how many would you say were almost price point immune, I came across a hand tool here in Aussie that was selling well for $900- each, my guess is this is rare, selling well

I am interested in your comments on price point and new products, is it mostly dictated by other products in the market already? as a bench mark, this is what some buyers use as a indicator, can level of interest drive past this?

I also find distributors will get their own pricing from factories in China, to compare, basically work out margins in reverse in a sense,
Derik

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