WhatsYourPrice.com is an eBay-like dating auction site where men bid on dates with attractive women. — -- As a busy entrepreneur, 29-year-old Pablo goes online to meet women.
Whats your price competition?
WhatsYourPrices top competitors include Say Allo, SCRUFF, EastMeetEast and Paktor. WhatsYourPrice is an online dating website and marketplace where users can buy or sell the opportunity of going out on a first date.
What is an example of competitive pricing?
Competitive pricing consists of setting the price at the same level as ones competitors. For example, a firm needs to price a new coffee maker. The firms competitors sell it at $25, and the company considers that the best price for the new coffee maker is $25. It decides to set this very price on their own product.
What companies use competitive pricing?
A classic example of a competitor-based pricing strategy is between Pepsi and Coca Cola. Both brands compete against each other over pricing, quality and features, and their prices remain similar, although Pepsi is slightly cheaper than Coke on average.