What is cost plus pricing strategy?

Why do website development companies take pricing as the most competitive strategy and slash their price lower? Don't we have any other ways to attract clients rather than reducing the development cost?

  • Answer:

    We are getting our website done and I have seen others attempting website designs.  My conclusions. The only reason I can think of is that there are too many of them and unfortunately, the hallmark of a great website is it's design and not just the HTML, CSS, JS or simply wordpress theme customisation and Design is not for everyone. Those who do it well make it seem so simple but for most people, it simply does not come. Hence, the price war.

Amrudesh Santhanam at Quora Visit the source

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