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Product Development Azhelle Wade Product Development Azhelle Wade

Episode #27: How Much Are Customers Willing to Pay For Your Toy?

When you first came up with your most recent toy idea, did you stop to consider what your target customer might think it's worth? Well, perceived value is extremely important to toy industry professionals when they are evaluating your toy product. The size of the package that holds your toy, the weight of it, and the price point are all data points swirling in the minds of your target customer as they evaluate your toy and define its value.

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