Understanding demographics and their significance in markets and populations.
Geographical pricing is the practice of adjusting the sale price of items based on where the buyer is located, often balancing between shipping costs and local willingness to pay.
A method for founding new companies or introducing new products effectively by leveraging consumer interest.
Understanding Market Cannibalization and its Impact on Sales
An essential practice for understanding consumer behavior and refining business strategies.
Sampling is like a small tasting menu at a fine restaurant — it allows you to get a sense of the offerings without having to commit to the full meal.
