The results for “Highest amount to pay for a magazine” has influenced me to sell the magazine at around £2-£5 as ultimately a large majority of the market has said that they only buy at £5 maximum price, so this would be the most ideal price for customers and their most favourable, resulting in more people wanting and considering to buy the magazine, whilst still making highest possible profits from it.
Wednesday, 17 March 2010
Graph 5 - Pricing of Magazines
The results for “Highest amount to pay for a magazine” has influenced me to sell the magazine at around £2-£5 as ultimately a large majority of the market has said that they only buy at £5 maximum price, so this would be the most ideal price for customers and their most favourable, resulting in more people wanting and considering to buy the magazine, whilst still making highest possible profits from it.
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