Author: Idrissa Diop

An economy pricing strategy sets prices at the bare minimum to make a small profit, but the idea is to make the bare minimum as many times possible by selling as much volume of your products as possible. In this article, the author explains economy pricing strategy, its benefits for companies seeking to keep overhead and operating costs low, and factors to determine whether it is a viable business strategy for your organization. Idrissa Diop is a Solution Strategist at Pricefx. He can be reached at idrissa.diop@pricefx.com. Pricefx delivers a complete price optimization and management …Read More