Price Elasticity - Tales from Apple, Tesla, SiriusXM, and the Government!
Manage episode 304945158 series 2920030
What is price elasticity? How does it affect your business? How do you properly price a product? How do you determine the flexibility in that price? How can you increase the value of your product or service to increase the price and become more profitable? How can increasing price reduce your profit? How can increasing volume reduce your profit even at a higher price? There are so many questions to think about my brain just exploded!
For detailed show notes, Justin Varuzzo's after thoughts on each episode, and lists you can use to take immediate action in your business, check out the website at http://www.marketingandservice.com.
55 episodes