You can differentiate your product by imparting a bonus. If you'd like to make your product stand out among your competitors, you might strive to add to your provide.
It would not consume up your profit margin, but your bonus product definitely adds a bit more value to your primary product.
A company can set itself other from the opposition in two approaches: through cost leadership or via product differentiation. value leadership emphasizes saving money and appeals to those who are on a budget. Product differentiation specializes in offering great.
Profit margin gauges the degree to which a company or a business activity makes money, essentially by dividing income by revenues. Expressed as a percentage, profit margin indicates how many cents of profit has been generated for each dollar of sale.
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