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Corporations Learned The Maximum Amount They Can Charge For a Product

Odd Lots

NOTE

Rethinking Pricing Strategies in the Economy

The traditional playbook in the economy may need to catch up with new strategies because the focus is shifting from driving costs down to potentially increasing prices and selling less. This shift was highlighted during the pandemic due to supply chain issues. CEOs openly discuss this strategy on earnings calls. There is a growing realization that setting a price based solely on the ability to pay is flawed. Factors like desperation, limited competitors, and willingness to pay need to be considered in pricing strategies.

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