Business model

[Mwendawazimu]

Listers,which is the best business model considering the times we live in,be the cheapest in your industry and attract everybody or be expensive and have a select few as your customers/clients?

 

[thesavage]

Depends on target consumer. In peasantville we limit profit maximize on sales. In birrionaireville we maximize on profit but offer exclusive service.

 

[Cortedivoire]

Your question is vague and wide. Be specific

 

[Wakatimba]

very vague

 

[Mwendawazimu]

Your question is vague and wide. Be specific

very vague

Sat the tech industry.would it be better to be cheap or expensive in offering your services eg watu wa web design( I have chosen that coz its saturated at the moment)

 

[Therapist]

Listers,which is the best business model considering the times we live in,be the cheapest in your industry and attract everybody or be expensive and have a select few as your customers/clients?

The latter

 

[Ule Msee]

If it is a business which is saturated, you would rather go low to gather more clients, than have a high price without them. If it's a unique biz, you name the price.