A power strip is a block on the end of a power cable with a number of sockets (usually 3 or more), often arranged in a line. This term is also used to refer to the whole unit of a short extension cord terminating in a power strip.
Why Is It Important? Pricing is a key determinant in the decision making process customers use to purchase a product or service. It is important to establish how much your target market will pay for your product or service. Shows you how sensitive your customers are to changes in price.
Which leads us to the two sentences that are the most important to your customers and prospective customers:  1 Our clients hire us to provide [benefit(s) to the client.].  2 They hire us, rather than somebody else, because [something unique that the competition doesn't have but the customer values.].