Marketing
fromEntrepreneur
21 hours agoHow to Price Your Product Like the Last Unit Sets the Market
The highest-cost marginal customer determines market price, not averages; focus on scarcity and the last unit for effective pricing.
The fix, he told me, was temporary - he didn't have the right part and couldn't get it. This experience revealed a broader shift in how modern products are designed, sold, and owned - one that increasingly treats repair as optional and replacement as inevitable.