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How do vendors in the vegetable market decide the daily price of vegetables?
When it comes to the vegetable market, many people will think of the lively scene where housewives buy food in the vegetable market and bargain with stall owners. As a loosely managed consumer place, many people will think about how the stall owners in the vegetable market set prices. In fact, if you think about it carefully, the pricing logic of the vegetable market is very simple, and all the reasons that affect pricing are related to vegetable vendors or customers. To sum up, it is the following three:

First, the experience of a vegetable vendor.

First of all, the vegetable vendor will estimate the price according to the cost of getting the goods and the profit he wants or estimates. Secondly, the price of vegetables is not fixed, and it will be easily affected by various factors such as the market and weather. Experienced vegetable vendors will change the price of vegetables according to their own experience. Finally, the price of vegetables will be priced according to your own eyes. For example, novices and veterans are likely to receive different first quotations.

Second, the price of vegetables will also be affected by the relationship network in the consumption process.

Because there is constant interaction between vegetable vendors, vegetable vendors and customers, and customers and customers, and because most people shop around to choose the goods they think are the most cost-effective, this kind of network has a great influence on vegetable prices.

Third, the price of vegetables will also change during the transaction between customers and vegetable vendors.

Give two simple examples. When we find that a vegetable vendor's food is slightly inferior to that of other vegetable vendors, we can take the initiative to ask for a price reduction and explain the reasons. At this time, the vegetable vendor found that the price reduction was acceptable after consideration, and the price of vegetables became lower. When we often visit a vegetable vendor's business, the vegetable vendor usually takes the initiative to reduce the price out of the desire to retain customers.