After doing some marketing survey, I noticed that my prices are way below the average for 'Formal' clothes of this quality. A dress at M!RAMODE is about 175 I'z ... do you think it is way to cheap ? should I raise my price ? If you have an opininion and want to help me on this I would appriciate if you would do the poll on the right side. Thanks
In that post about permission issues (read more) I went indeed to investigate and pulled open several vendors to see how the permissions are set, they are all different but mostly modify !
I also discovered that my pricing is way to low for this kind of dresses. I'm not so for the money and not a good merchant as I told before, but I'm wondering if this is good for the business and competition etc..
The imago of the brand/shop has to be considered as well, if you sell quality, the prices have to be accordingly.
You can't buy an Armani for the same price as a dress in the supermarket :-) is what I'm trying to say to myself ! I'm a bit confused by now, so please help me with this :-)
Don't see this as a money gain on my part but more as a prestige/reputation thing for M!RAMODE.
I may have to evoluate as Inworldz is growing and more shops are coming, setting higher prices !