Tag Archive: pricing strategy

Choosing the right business strategy

Posted 12th April 2019 at 1:10 am

When preparing to grow your company, you need to consider which business strategy will best fit your needs, and the aims within your business plan. Some strategies are linked to cost & pricing, while others are linked to innovation and adaptation, and some emphasise quality and excellence, but all of them have the potential to grow your business if applied correctly.   Cost & Pricing Strategies Some of the cost strategies that businesses might employ include undercutting their competitors – delivering an equivalent quality but at a reduced price – or offering a no-frills version of their competitors’ products and... Read more