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When many competitors emerge, what will be your marketing strategy to sustain your product sales? Reduce prices or add value to retain your revenue ?

Marketing Management Marketing Research Pricing Strategy Business Management Strategic Planning
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Question added by PRADEEP MEHRA , CEO , Angel international Inc.
Date Posted: 2015/05/12
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Kader Hasan Maraicar
by Kader Hasan Maraicar , Executive Assistant , Noor Enterprises

Customers'  prefer the product for Price and/ or Quality

depends on the type of product;

If price increases, the demand decreases and vice versa; 

If quality increases, the demand increases also with goodwill.

Ismaila Nasir Ahmed
by Ismaila Nasir Ahmed , Assistant I.T Manager , Top Ten Mall

Add value to retain my revenue........

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