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The Difficulty of Luxury Pricing (And How To Solve It)
The Difficulty of Luxury Pricing (And How To Solve It)

How to price a luxury right? The dilemma is that too much means that potentially no one (or not enough people) will buy. And a too low price means not enough profit and may endanger the perception of luxury. Classic pricing methods don't work well for luxuries. Expertise and tools are needed.

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Daniel LangerJune 5, 2017pricing, luxury, nonlinearity, datadriven
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