Difference between Fixed Price and Store on Research Lab


florianlecrivain
Free Member
  • Posts: 13
  • Joined: 22 Nov 14
  • Karma:
25 Nov 14 08:27:01 pm
Hi everybody,

When I go to the Market Research Lab section, they mention FIXED PRICE or STORE : what does it mean and what is the difference, pros and cons?

Thank you.

Flox


Flox

rachel_ramos
Site Admin
  • Posts: 435
  • Joined: 10 Jun 14
  • Karma:
26 Nov 14 05:22:26 am
Hello Flox,

Well, first off, fixed price is pretty much expensive since you set off a price that you can't auction off, no changes whatsoever in this type of scenario. Other people may coin it as "end price." The store price is going through the competitive approach as this is the "bidding" price that will help you survive in the market.

However, you may want to check this thread out as they also discuss what should be suitable for you. You might be surprised however that you can actually deal with both :)

Link hidden: Login to view

Hope this helps!


florianlecrivain
Free Member
  • Posts: 13
  • Joined: 22 Nov 14
  • Karma:
26 Nov 14 02:15:01 pm
Thank you Rachel


Flox

rachel_ramos
Site Admin
  • Posts: 435
  • Joined: 10 Jun 14
  • Karma:
28 Nov 14 03:30:21 am
You're welcome


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