"The most important input for your pricing is quite simple: are enough people buying it at its current price? If not, you might have a pricing problem, but not necessarily. If enough people are buying it, you face the interesting question: can you charge more?"
Wished he'd defined what's "enough" at least for him.
I think that's the point: He can't, and if he did, it wouldn't be relevant to anyone else. Figuring out what entails "enough" is exactly the exercise that makes the question useful.
Wished he'd defined what's "enough" at least for him.