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List of forums -> Questions and answers. Help. -> HOW/WHEN TO CONTROL PRICES IN CITY MARKET ??

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Topic:

Topic created : 24.02.2010, 00:47

medofidodido
 
when can i control the prices in certian city ?? is that possible??
if that is possible when i know that i can do this ??
is the true meaning about controlling a market is to raise price like u want and then local suppliers do the same ??
 
ihope u can help thanks in advance
   

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27.02.2010, 03:26

medofidodido
 
can anyone help me plz in this question?? 
 

27.02.2010, 07:36

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Controlling a market means you will have a large influence over retail price.
To do this you need a very high market share (95%+). This will require a steady supply of goods and 1 or 2 established stores.
Influencing price will be more effective with quality just above local suppliers, as their price reductions and quality increases will be much smaller. Large quality or brand differences will make the local suppliers more competitive.
Once you have the market you will need to increase your prices slightly each day for the best effect.
 
Just a word of warning, be prepared for a lot of time and effort to be wasted when other players enter the market and begin selling at discounted prices.
It could be days away or it could be months away, but with the tenders it is only a matter of time. 
 

List of forums -> Questions and answers. Help.-> HOW/WHEN TO CONTROL PRICES IN CITY MARKET ??

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