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Nikhil Krishnan @nikillinit
, 4 tweets, 1 min read Read on Twitter
A concept I like is fixing the price of a line of goods or services and forcing the supply to accommodate or change the amount offered or quality based on the price

Example, every CPG item in brandless is $3, the amount or quality changes. Fiverr was like this for services
By doing this, you remove some mental overhead from customers. Instead of customers mentally calculating price vs, quality/quantity, the price is fixed so you can better make that calculation, it’s more customer friendly
I’m surprised we haven’t seen more companies do this, are there any other examples where a line of products or services a fixed price?

Maybe the reason fiverr expanded is because you can only do that model for so long
MealPal is basically doing this . Creates a consistent and fixed pricing structure for customers (once chosen) and the restaurants have to figure out what meals make sense within that cost structure.

Makes it easier for customers to compare the deals between restaurants
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