The Secret To Pricing Your Product

pricing your product or service

Knowing how to price your product or service appropriately can be the most difficult – and critical – aspect of your business.

If you charge too much, no one will buy; if you charge to little, you’ll go broke. And if you compete solely based on price, you’ll only attract “bargain shoppers”.

This is one of the topics that Frank Thomas and I addressed back in December on an episode of the Small Business Tips Show. I shared the video with you recently, but I continue to get many questions and comments about this topic, so thought I would share the podcast with you, which can be a bit more convenient than watching the video.

So listen in as we reveal the secrets, strategies and techniques to help position your product or service competitively in the marketplace.

Listen to our podcast here or wherever you listen to your podcasts.

 

Until next time…

Are you ready to grow your business now? If you’re ready to take the next step and make your business more profitable, contact us today.

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Positioning and Pricing Your Product or Service

Pricing strategy

One of the biggest obstacles business owners come up against is how to properly position and price their product or service in the marketplace.

Charge too much and no one will buy. Charge too little and people perceive your product as cheap or worthless.

In our recent webcast for Small Business Tips Show, Frank Thomas and I discuss some of the finer points about positioning and pricing your products/services to your prospects. You’ll also learn how pricing impacts the ‘sense of value’ to both you and your customer.

Watch our webcast to hear some of examples about how to position your service or product and discover how you to gauge realistic profit expectations on your sales, allowing you to forecast your business growth.

Watch our video here, or watch on YouTube.

Until next time…

Are you ready to grow your business now? If you’re ready to take the next step and make your business more profitable, contact us today.

If you like the information you are receiving, please consider forwarding this post.

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