is a lazy reduction of "pricing power" just a fat gross margin? if you can charge multiples of your input costs that seems like a good biz to me. is that "it"
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i mean let's take software and makeup. you can both of the "raw inputs" at a much lower price, but the formulation is ofc very important. The fact that they can drive that wedge between the two is "pricing power" - is it that simplistic.
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Replying to @FoolAllTheTime
No Mule the strongest form of pricing power is the ability to lower prices to levels your competitors can’t match.
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Replying to @LAForeverHall
yes but what if you don't exactly sell the same product as your competitor. i don't think pricing power is ever well defined tbh
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Replying to @FoolAllTheTime
Then I think the economists call them substitute products or something but I don’t really know because I never made it that far.
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Replying to @LAForeverHall
pricing power is like value investing - seems to mean something different to everyone.
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