Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Business strategy
Effect of population and sale pitch
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Mika, post: 248836, member: 29399"] Generally speaking, there are two ways to sell, one, you sell to the masses, and two, you sell to a certain segment of the society. In the first method, you are selling a lot of products to generate profits. The profit margin per product is small because you are selling to the masses and the masses cannot afford expensive products as they will only buy a moderately priced product. In the second method, you are selling to a certain segment of the society, mainly the elites, or affluent people. You sell relatively smaller quantities, yet manage to earn a good profit margin per product. When you are selling to a niche, your product is expensive as it is not made for the masses. The best example of these two selling practices is iPhone and Samsung Phones. iPhones are expensive, these devices cannot be afforded by the masses. Therefore, Apple sells comparatively few phones but manages to generate a lot of proits. Samsung, on the other hand, produces budget phones and cheap phones and sells in volume and generates profits. Well, Samsung also has high-end devices but these devices cater to wealthy people and Samsung uses the same tactics to sell expensive devices that Apple has been using for iPhone [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Business strategy
Effect of population and sale pitch
Top