This method requires the company to write down its unit product for each of its products/services in its portfolio, and then set a target profit margin for each of those products/services
The reason why it carries such gruesome risks is that it ignores two major factors that play an important role in the price/demand relationship:
1) Competitor prices
2)Consumers’ willingness to pay
Rather than pursuing a cost-based approach to pricing, you must make sure that your costs are calculated in every pricing strategy you pursue
If you’re not the single player in the market you definitely need to be aware of your competitors. There are tons of active companies in the same industry
Pursuing a competitive pricing strategy doesn’t mean undercutting your competitors and lowering your prices until your margins are paper-thin. It carries the risk of racing to the bottom which is beneficial to no one
For Domesti Customer : starts from INR.5000/- + Taxes
For International Customer : starts from USD 10,000.00
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At Grabbit Media a digital marketing agency every project is important to us and we make sure that we handle each project with utmost care and professionalism. Our aim is to provide the results as per the terms and conditions of the proposal. However, despite every measure if the client is not satisfied with the results and chooses to go for the dispute resolution process, we consider refund requests as per the following program in which our services and refund policy related to each service is very clearly listed:
- Full refund: In cases where the project has not been started or if the initial work style has not been approved. The Full Refund policy will initiate after receive the upfront payment date and will take 180 Days to refund the amount.
- Partial refund: If there is a failure to deliver as per our delivery policy after the approval of the initial work style. The partial refund will be in proportion to the work completed.
- No refunds: If the project/task has been completed and published.
- The partial refunds will be processed and mailed within 180 business days of the date of cancellation and will be brought about using the method of payment agreed upon in the beginning of the project ie; refund by check or refund by credit card.
In case if you have any query regarding Refund/Cancellation, you may reach us at email@example.com: