Most big companies and supermarkets tend to have fixed prices, customers are not given the chance to price any of their goods and services. In your business, do you also have fixed prices? Personally for some of my services there are fixed prices but there are times where i give little room for some of them to price, and if am okay with their price, i go ahead with the job.
Are your prices fixed?
- Thread starter eldavis
- Start date
In my country only some place have fixed price on their products and goods, and the society don't like to shop on those areas, because most of the times peoples in my country like to buy things with negotiations, and also the shop owners will also get good profit from adding unexpected price changes.
For the current business that l am operating, the prices are not fixed. In fact the selling prices varies with the type of customers l deal with. My loyal customers have their prices reduced compared to the normal clients l find on the way.
In my country you can't have different prices for each customert and negotiate about it. It must be same for everybody so it is fixed. At some places you can negotiate for better price but those are just half brand products bought on market without receipet.
It is only business in a monopoly or monopolistic competition that have the leverage to fix their prices and make it non negotiable.
The prices of my products are to a large extent fixed. But I might give slight discounts based on discretion.
Fixed prices are mostly for products that are not divisible. Good for certain businesses and not too good for some.
