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charcircuit 4 days ago

The existence of products in competitive markets is not a counter example to what my point was. I recommend looking at the terms bottom up pricing and top down pricing. The former is about creating a price based off of how much it costs to do business and then adding a profit margin. The latter is creating price in line with how much value it offers customers. The existence of products using bottom up pricing doesn't mean top down pricing does not exist.