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Price Leadership – Whenever a key market leader takes and set the tone, pace and price, markets are left to catch up, competitors having to lower, adjust, raise their prices accordingly in the name of competition. Then markets (and pricing), will shift, move and respond. Such management, control, direction and guidance of things like innovative, competitive and accurate price leadership, can be useful and good criteria. Pioneering costing, valuation, fees structures, charges, penalties, costs, consequences, setting prices, rates, assessments and estimates matter, as they change, shape and effect markets. Looking for these cues and clues in the marketplace and from trendsetters, key market-players can be lucrative and rewarding.
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