Prices that suit the target market Important!

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We need to list authorities relevant to the product, and assess their level of influence and credibility. 2. Identify what authorities are looking for in a product. We need to conduct research to find out what makes authorities interested, excited, or impressed with a product or service. We need to know what the added value, advantages, or benefits of your product or service are for the authority. We need to adapt the product to the needs, desires, or interests of the authority. 3. Identify strategies on how to work with authorities. We need to do research on how to contact authorities in the most effective way.


We need to know how to offer, give, or receive value from authority, such as free el salvador phone numbers resource products, discounts, commissions, prizes, or recognition. We need to know how to maintain, or strengthen, relationships with authority figures, such as providing feedback, gratitude, support, or cooperation. For example, FashionValet , a fashion company that uses celebrities, influencers, who are authorities in the field of fashion in Malaysia, Another example, If it is a health product or supplement, we need to obtain approval from the Ministry of Health Malaysia (MOH). For food products, we need Halal certification from the Department of Islamic Development Malaysia (JAKIM) This way, we can increase brand trust and credibility, and attract more customers in a fierce market.


#5: When we can set the right price, it can attract customers, cover production costs and generate profits. If you set the wrong price, your product may not sell, and you may not make a profit! So, be careful! You need to make the correct and accurate calculation! To set the appropriate price, we can do these steps: 1. Understand the cost and value of the product We need to know how much it costs you to produce and distribute the product, including the cost of materials, wages, rent, advertising, etc.