Is the price of the product most important?
Before I answer this question, I will show you one product from Aliexpress. Using the tool: https://www.aliprice.com/ I searched for the product: https://www.aliexpress.com/item/33042346336.html and I received dozens of offers on AliExpress alone. See: One platform (AliExpress), same product, different sellers, different prices, different order quantities. 716 products sold have an offer that is almost 3 times more expensive than the cheapest. It also has many more orders. What does it mean? That price is one of many aspects related to sales. You can't block yourself on a high margin for fear that the customer will benefit from a cheaper offer. Why? Among other things because buyers are generally lazy. They follow the rule - I like the product, the price is acceptable to me, I can trust this seller - I buy. Yes, there will be those who will add one more step to this process, which is looking for the cheapest offer. So if 20% of the buyers will be guided mainly ...