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Apart from the age of target consumers, what might influence companies when pricing new products? (Why?)

Apart from the age of target consumers, what might influence companies when pricing new products? (Why?)
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Apart from the age of target consumers, what might influence companies when pricing new products? (Why?)

User Steph Locke
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The demand for the product; weather there is a similar product out there; is it a special edition or limited product.
User Sheridp
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