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- How do you determine the right pricing for your product or service

Sure! Here are four different responses:

"Honestly, I usually start by looking at what my competitors are charging. Then I factor in my costs and what value my product brings to the table. It’s all about finding that sweet spot where I can make a profit but still keep customers happy!"

"I like to test the waters a bit. I might launch at a lower price to attract some customers and then see how they respond. Feedback is key! If people love it, I might gradually increase the price."

"I usually consider my target market and what they’re willing to pay. I also think about the quality of my product—if it’s top-notch, I can charge a bit more. It’s all about matching the price with the perceived value."