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Created with Fabric.js 1.4.5 Entrepreneurship The TRIP to the TOP Pricing your product is a veryimportant step for this dictatesyour whole business. You mustprice your product wherein thereis a market equilibrium. A factor affecting price is the costfor the resources you will be using.In this perspective, your priceshould be parallel and given justto the the price of the resources. During CAT, we sold macarons toour customers. Its price was Php 30each because the ingredients usedin making these were somehowexpensive. The market price isusually Php 50 but since we needno rent for selling, we sold it withits actual price. A problem that can be facedduring selling is either shortageor surplus. This highly dependson the product that is beingsold the audience is alsoimportant. When selling macarons weeither ran out or had extradepending on the flavor thatwas sold to our customers.The most sold was carameland the least bought waspeppermint. With this happening, we gotclose to our customers forthey tried communicating withus so that they can buy more.Satisfying their needs andwanting to make more profit,this affected our business in anadvantageous way!this text! Drag a cornerto scale proportionally. A strategy that can helpimprove such businesses isknowing what your customerlike best. Knowing this willhelp you not spend on moreresources and maximizing yourprofit as producers. In ensuring a successfulbusiness, having a goal is veryimportant. In our perspective,we were saving money to makeour own product to helpemployees in papemelroti. It is important to sell a productto your picked audiencewherein it will surely satisfytheir need and wants. But itis also important that as aproducer you should learn tospend less on costs and earnmore for profit! 0 20 40 60 80 100 January February March April May June July 0 20 40 60 80 100 January February March April May June July 0 20 40 60 80 100 January February March April May June July 0 20 40 60 80 100 January February March April May June July
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