WHAT IS IT?
Pricing models are an important aspect of your business. Pricing your product might be a trickiest part of the business. If you price your product too low, you can be seen as a fraud. If you are too pricey, people won’t buy it.
HOW TO USE IT?
It is very important to know who your target audience is. Are you serving high-class people or are you targeting people who are searching for low priced products?