http://needgap.com Find your customers by the problem you are solving for them. Thu, 20 Jul 2023 00:07:00 +0000 <div>Pricing the products in the local currency is one of the easiest way to increase the global sales, But just converting the currency and pricing it according to the exchange rates doesn't do justice as price of the product should be what the market is willing to pay for it.</div><div><br></div><div>The market would pay according to its purchasing power, <a href="https://data.oecd.org/conversion/purchasing-power-parities-ppp.htm">Purchasing Power Parity</a> provides the rates of conversion to equalize the purchasing power of source country and destination country by taking into account different economic factors.<br><br>But calculators which help with this conversion are <a href="http://salaryconverter.nigelb.me/">outdated</a>.<br></div> 3 points posted by Abishek Muthian /problems/288-calculating-purchasing-power-parity-pricing-calculator 288 Thu, 26 Aug 2021 16:31:00 +0000