The Pricing Insight Weekly
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Tags: pricing strategy
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What to do when your competitor lowers prices
Are you tempted to follow your competitors pricing?
Dropping prices to match a competitor might seem like the easy solution, but it’s not always the smartest choice. Reacting too quickly can lead to a race to the bottom, cutting into your profit margins without guaranteeing more sales.
Instead, ...
by Marika Päiväniemi —
Feb 23, 2025
brand positioning
competitor analysis
market sensitivity
pricing strategy
profit margins
It's all about the strategy!
Ever wondered how I, as a pricing expert, price my own products?
I recently had the idea to make a YouTube video about my own process of pricing digital products. Why? Because, honestly, pricing is one of the most challenging (and rewarding!) parts of launching something new, even for someone l...
by Marika Päiväniemi —
Feb 16, 2025
customer willingness to pay
digital product pricing
market research
pricing strategy
product launch tips