Remove commodities copper-price
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The Definition of Going Rate Pricing in Under 200 Words

Hubspot

One of the biggest challenges for companies and entrepreneurs is to determine how to price their product or service. They searched online and found the suggested hourly price their babysitter in their area was $16.00. each time they babysat, the sitter would be using going rate pricing strategy. Market Price. Going Rate.

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Make it. Move it. Sell it. — Episode #7

Spiro Technologies

But with this one, honestly, we use a lot of commodity electronics, inside of it it’s got a vibration motor, it’s got a small circuit board, You know, there’s really not a ton to it; it’s got a battery, and it’s rechargeable by USB. And there’s only so much that you can do until the price has to go up.

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