Founder Shares Juice Vendor’s Price Pricing Strategy, Impressed by His Business Sense

In business, the idea is the key, but what is most important is the method and strategy you use to run the business for a long time. Now, a post is going viral where the founder expressed how she got impressed by the pricing board made by a sugarcane juice vendor.

The post has sparked discussions about how daily street sellers frequently make clever pricing decisions using practical experience rather than formal business education.

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Without any official business training, tiny stalls frequently make pricing choices based on cost, demand and customer behavior, according to the LinkedIn post we can comprehend. Ananya Narang, the founder of Entourage, posted the post on LinkedIn. In her caption, she stated that the vendor had analyzed the unit economics better than the majority of founders.

She shared a photo of the sugarcane juice vendor’s pricing board, which reads, “Price sugarcane juice. Without ice Rs 30. With ice Rs 25. Half glass Rs 20.”

By providing a range of pricing options for ice based on quantity and variations, the vendor can serve a variety of consumers while also better controlling expenditures. Additionally, it aids in waste reduction and maintains adaptability in a bustling street environment, as per reports.