1. 5 Top BSG Tips From The Free Business Strategy Game Tips Guide At WinBSGOnline.com
2. Always check for price elasticity. The Business Strategy Game uses ranges to compute price & demand instead of a fluid curve. 1.Check for Price Elasticity Visit WinBSGOnline.com For Your FREE Tips Guide
3. Example: • If you predict the industry average of shoes prices in North America to be 50 dollars, The Business Strategy Game might compute that you will sell 3M pairs of shoes in NA between the price of $49.00 and $51.00 dollars. 1.Check for Price Elasticity Visit WinBSGOnline.com For Your FREE Tips Guide
4. So how do I implement this? • Just set your forecasts and then test slightly higher price points on the wholesale distribution screen to make sure your not missing out on additional profit. 1.Check for Price Elasticity Visit WinBSGOnline.com For Your FREE Tips Guide
5. A few caveats: 1. The range becomes wider as the SQ & model number strategies of teams deviate more. 2. This normally happens the most intensely during the later stages of the game. 1.Check for Price Elasticity Visit WinBSGOnline.com For Your FREE Tips Guide