(Entertainment-NewsWire.com, February 08, 2016 ) Homestead, Florida -- Setting a price is a vital process in the new product launching. There is a careful balance to strike, if the price is too low, there will not be profit. On the other hand, if pricing is too high, it may force customers to look elsewhere.
When setting a price, people consider the following steps:
1. - Calculate the entire amount of expenses to make the product and sell it, 2. - Search and compare with a product similar to yours and, 3. - Decide a profit margin to obtain the selling price.
The profit margin can be seen as the amount earned for all the hard work made to put the product on sale, the risk taken by being in business and, the most important, the added value to the offered product.
Well Selected Store (WSS) knows well these general steps, but also knows that they want to offer more than a good price for their product. They are convinced that everything is not about the price, competitors always will be able to offer something cheaper, and it just is the way it is. The price is a concern when customers do not see the added value what is offered.
Taking into account the above, WSS focus their energies on a value of product rather than the price. They do not care about competitor's similar products. WSS takes care of their own products to ensure they deliver a superior value. They offer more than a product, they offer comfort, reliability, peace of mind and problem solutions with no hardship as an added value to their products.
In this regard, WSS offers The Portable Hammock, which was designed to meet and exceed people expectations, give a superior value for customer's money and be on sale for a low promotion price. "This Portable Hammock is regularly priced at $40, but it is going to be on sale for $26.15 at Amazon.com only for a limited time" according to WSS directions.
About Well Selected Store
Well Selected Store has been established to be one of the leading providers of useful and affordable products.
