#pricing

Naming your packaged products helps call attention to how the deal is special. Call the product bundle a collector’s set, a gift basket, or holiday set, and give each one a name; something like The Artisan’s Selection or Your Name’s Gift Set. ↗

— James Dillehay

#crafts-to-make-and-sell #pricing-crafts #sell-crafts #business

Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as far as the pricing is concerned if you get the average volatility right. It makes a big difference as far as hedging is concerned. ↗

— John Hull

#average #big #big difference #briefly #concerned