Natures Tools Slashes Their Hyaluronic Acid Serum Price To A Barebone Minimums For Market Research
To build mass brand awareness Natures Tools has slashed their product purchase price to a bare minimum that will see them selling their Hyaluronic Acid Serum being sold at just over cost price.
The conversation continued into Alex Feldman mentioning that "We have made this choice to slash or price right to a just above cost minimum in an attempt to really get our brand on the map. We are at a critical point in our business where we are not chasing big profits but more so in the process of getting our product into as many customer has as humanly possible so we can get as much feedback as possible and as many reviews on Amazon.com as possible. This will allow our ranking on Amazon.com to improve as the reviews come in and as we make improvements to the product from the suggestions I get from each customer I call".
Natures Tools has made a bold move today by slashing their product price to bare minimums. A strategic move that will see the company rise up at a drastic rate instead of taking early profits like lots of company opt for. By making this move Nature Tools will be able to gauge how the market place reacts to different price points while also obtaining the feedback of countless customers.
A statement issued by the CoFounder of the company mentioned that once roughly 1000 units of their anti aging serum has been moved at the rock bottom price they will then move back into a normal pricing model as they would have gauged the market research needed to take over a top spot in the Beauty niche on Amazon.com and also make a real impact in the Beauty industry as a whole.
About Natures Tools
Natures Tools is an Amazon retailer specializing in Beauty and skincare products. The company is marketing a new Hyaluronic Acid Serum that contains Lilac stem cells for dramatic results on the skin.
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