revenue, The total income generated from sales before expenses, costs, The money spent to produce or deliver a product or service, expenses, Operational spending required to run a business, rising costs, An increase in operational or production expenses, cost reduction strategy, A plan to decrease expenses and improve profitability, customer loyalty, A customer’s willingness to continue buying from the same brand, customer trust, Confidence customers have in a company’s fairness and reliability, market positioning, The place a brand occupies in the minds of customers, competitiveness, The ability to compete effectively in the market, demand, The level of customer interest in a product or service, seasonality, Fluctuations in demand depending on the time of year, target market, A specific group of customers a company aims to attract, ethical pricing, Setting prices in a fair and responsible way, broader market reach, The ability to attract customers from different segments.

Pricing #2

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