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OPERATING

Boost Your Revenue: How to Price Power Bank Rentals Effectively?

Peter

Operation Manager

How to price power bank rentals effectively? Generally speaking, you can set power bank rental prices based on whether there are competitors at the same venues and whether it is during special periods. 1.When there is no competition at the same venues, you can research local consumers' consuming levels first, then price your power bank rentals. And power bank rental prices should never exceed what consumers are willing to pay. 2.When you need to share same venues with your competitors, to gain advantages in pricing, you can set rental prices slightly Lower than competitors or shorten charging duration at the same price. 3.During special periods like holidays, you can set different prices for different venues based on the number of tourists, their characteristics, and their consuming capacities.

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