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What are the surprising things that would get people to pay 10-20% or even 100% more for your product?

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Question added by Muhammad Adeel , Sales And Marketing Executive , TANZEEM HEAVY EQUIPMENT RENTAL LLC
Date Posted: 2014/09/21
Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

1. The presentation (How you market the product)

2. Unique features of the product

3. Add a gift voucher with the product

4. Quality

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

A typical style  in presentation and introduction of a product in the market among the mass.

Merely because of mass psychology

A product which is of immediate use and a new concept

Attracted by the colour/colour combinations/child-hood  attractions, fascinations

Gifting requirements/Artistic values..........

Kshitij Kulkarni
by Kshitij Kulkarni , CEO , Skyception Media

Packaging, Product Placement (market Segmentation) & Brand Power! The only way to gain POWER & hype prices of a product!

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

New different beautiful look of product 

Very  good quality and healthy 

 

Rola Dawood
by Rola Dawood , Sr. Payroll Officer , Alghanim Industries

addiction of being the first of friends for example who want to own a particular thing. 

For eg. A mobile phone.

 

padmakumar pathiyil
by padmakumar pathiyil , Marketing Consultant , Management Consultancy

There are so many reason for a customer to pay more for your product. some of the reasons are

1. Demand for the product

2. Long term credit facilities offered by the supplier.

3. Durability of the product.

4. Quality service rendered by the supplier.

5. Replacement warranty for the product supplied.

6. Brand image of the product

7. Regular promotions and incentive structure to the dealers

8. Product supplied on consignment basis

9. lenient payment terms 

10.If there is a local stockist for the product.

 

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