How To Price Your Product Or Service Just Right
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How To Price Your Product Or Service Just Right
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Author : Barney Kemps
language : en
Publisher: Editora Bibliomundi
Release Date : 2022-03-09
How To Price Your Product Or Service Just Right written by Barney Kemps and has been published by Editora Bibliomundi this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-09 with Business & Economics categories.
If you are trying to sell something on the Internet, pricing your services/ products would be the single most important decision you will take. Since, the Internet provides thousands of alternatives to the customers, you need to be at par with the competition. The prices that you quite will determine how long you can stay in the market. You need to acquire a clear cut idea about pricing. To what extent can you push it? How often do you need to review the prices? A lot would depend on how you handle this stage of business.You have to pinpoint a consumer group to begin with and then estimate how much they would be willing to pay for your services or products. But besides that you also have to ensure that you make some profit for yourself. And quite often these two demands can be in conflict with each other. Different people use different techniques to set the prices of their products. Some of them have a scientific basis and some do not. Given below is one such procedure which works with an understanding of the production cost, customer expectations and other players in the field. Cost is defined as the sum total of the expenses that you incur when making a product. Expenses include cost of raw material, machinery, packaging, delivery etc. Price is amount customers have to pay for per unit of you product /service. For you to make a profit, the price should be more than the cost. Your prices should be consistently above the cost if you are planning to run your company for a long time, except in special cases. Sometimes you can lower the prices, to gain entry into a market for example. Starting with prices which are lower than your competitors would make people notice you. And once you collect a decent number of customers you can gradually increase prices! How much would customers pay for your services is directly proportional to significant and valuable they think your product is. Of course your marketing strategies and reputation in the market will play a significant role in this regard. Between these two numbers, your cost and the price your customers are willing to pay for your product lies your ideal price. If your price is a little lower than what your customers are willing to pay for your services, it would definitely work in your favor in the long run. If your price is higher that what is fair in the eyes of the customer you would end up losing your appeal and market and gradually your viability.
How To Determine The Right Price For Your Product Or Service
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Author : Sasha Winkler
language : en
Publisher:
Release Date : 2023-05-25
How To Determine The Right Price For Your Product Or Service written by Sasha Winkler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-25 with Business & Economics categories.
Businesses that focus on the value-rather than the cost-to the customer can command nearly any price they choose. Pricing for Profit teaches business owners how to break free from industry pricing and obtain pay that reflects the genuine worth of the product or service being delivered. Readers will discover how to quantify the worth of their products or services, differentiate between price and value purchasers, bundle their offers for competitive advantage and enhanced customer value, and create a powerful marketing strategy that communicates value. The low prices that small firms feel obligated to offer limit their potential to earn profits, slowing their reaction to changing client needs. This accessible and practical guide is a must-read for anyone who wants to create more unit sales, close more transactions overall at higher prices, and make more money with less unneeded effort. It is filled with easy-to-use formulas, sample scripts, clear examples, instructive exercises, and more.
How To Determine The Right Price For Your Product Or Service
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Author : Charlotte Geiger
language : en
Publisher:
Release Date : 2023-05-09
How To Determine The Right Price For Your Product Or Service written by Charlotte Geiger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-09 with categories.
Businesses that focus on the value-rather than the cost-to the customer can command nearly any price they choose. Pricing for Profit teaches business owners how to break free from industry pricing and obtain pay that reflects the genuine worth of the product or service being delivered. Readers will discover how to quantify the worth of their products or services, differentiate between price and value purchasers, bundle their offers for competitive advantage and enhanced customer value, and create a powerful marketing strategy that communicates value. The low prices that small firms feel obligated to offer limit their potential to earn profits, slowing their reaction to changing client needs. This accessible and practical guide is a must-read for anyone who wants to create more unit sales, close more transactions overall at higher prices, and make more money with less unneeded effort. It is filled with easy-to-use formulas, sample scripts, clear examples, instructive exercises, and more.
Pricing Strategies
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Author : Andrew Gregson
language : en
Publisher:
Release Date : 2009-01-01
Pricing Strategies written by Andrew Gregson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with categories.
Business owners are frequently faced with challenging pricing dilemmas. Should you jack up your prices in one big jump, or frequently in smaller increments? If you raise prices, will you make more money, or will you lose money because customers will go elsewhere? Pricing can make or break a small business.There is no one-size-fits-all pricing strategy, so business owners need to consider all the options. Loaded with illustrative examples, Pricing Strategies explains many strategies in detail and offers step-by-step options for your type of business. Whether you re an experienced business owner or a beginner, contractor or retailer, this book offers different approaches to pricing your product or service to help you maximize your profits and keep your business going strong. This book is written in an easy-to-understand manner. It shows you how to choose the right prices for your products and services step by step, and covers the following topics:" Psychological pricing " Price skimming " Penetration pricing " Cost plus markup " Multiple unit pricing
The Art Of Pricing
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Author : Rafi Mohammed
language : en
Publisher: Crown Pub
Release Date : 2005
The Art Of Pricing written by Rafi Mohammed and has been published by Crown Pub this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
Furnishes a practical and easy-to-understand guide on how to use pricing to increase hidden profits and develop new growth opportunities, offering helpful advice, strategies, and techniques for increasing profit margins. 20,000 first printing.
Delete This
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Author : LiBook
language : en
Publisher: LiBook
Release Date : 2019-07-25
Delete This written by LiBook and has been published by LiBook this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-25 with Business & Economics categories.
Do you want your sales to grow steadily? Are you looking to know the right price for your product or service? or maybe Do you want to know strategies for big sales? In "Sales Improvement" you will find the necessary instructions so that your business has an exponential increase in your sales, following the price control strategies in a simple way. In this book you will learn: Price summary -Pricing with Regard to Competition -Premium Products Sell at Premium Prices -Increase Sales by Presenting Choices -Rewards for Customers Equal More Cash in your Pocket -Trials & Lead Generation - Etc ... Summary of Value Added -Adding Value Explained -Cut Off Dates -Limited Numbers Done Right -Etc ... And more. The sale price is the value that your product or service will have on the market for the consumer in a common relationship with the exchange of monetary value. With this book you will know how to determine the right price for your sales to grow. You will have the independence you need. Let's start with this!
Cash Copy
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Author :
language : en
Publisher: Jeffrey Lant
Release Date : 2015-03-05
Cash Copy written by and has been published by Jeffrey Lant this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-05 with categories.
Cash Copy - This isn't just a book. It's a cash machine that will put money in your pocket every time you use it for the rest of your life. Welcome to CASH COPY How To Offer Your Products and Services So Your Prospects Buy Them...NOW! The money-making blockbuster by America's master wordsmith. DR. JEFFREY LANT EVERY of this unparalleled unique resource will produce money... and has been doing so for tens of thousands already. CASH COPY is the real deal, and you will bless the day you got it and USED IT. Written with a single objective in mind to provide you with information that gets your prospects to respond to your marketing communications, that is to motivate them to respond to brochures, cover letters, annual reports, media kits, flyers, ads, catalogs, free client newsletter...and anything else you use to present your products and services. Don't copy writers. Become a copy writer. Get Cash Copy NOW!
Pricing And Profitability Management
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Author : Julie Meehan
language : en
Publisher: John Wiley & Sons
Release Date : 2011-06-28
Pricing And Profitability Management written by Julie Meehan and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-28 with Business & Economics categories.
The practical guide to using pricing and profitability management to build a better business A comprehensive reference for any business professional looking to understand the capabilities and competencies required for effectively managing pricing and profitability, Pricing and Profitability Management explains how to determine the right approach, tools, and techniques for each of six key categories (pricing strategy, price execution, advanced analytics and optimization, organizational alignment and governance, pricing technology and data management, and tax and regulatory effectiveness). Exploring each category in detail, the book addresses how an integrated approach to pricing improvement can give a sustainable, competitive advantage to any organization. The ultimate "how to" manual for any executive or manager interested in price management, the book presents a holistic, comprehensive framework that shows how integrating these pricing categories into a cohesive program leads to impressive gains that cannot be achieved through a single-pronged approach. Presents a comprehensive framework for more effectively managing pricing and profitability Identities the six key categories of pricing and profitability management Shows you how to gain a competitive edge by managing pricing and profitability Taking a comprehensive view of pricing, companies can position themselves to tap a vast source of shareholder value—the ability to set and enforce profitable prices, not just once, but again and again in response to marketplace changes and evolving business needs—and this book will show you how.
Lean Pricing
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Author : Omar Mohout
language : en
Publisher: Die Keure Publishing
Release Date : 2015-12-10
Lean Pricing written by Omar Mohout and has been published by Die Keure Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-10 with Business & Economics categories.
Pricing is hard as it determines your market position, whether your customers buy from you and whether you can provide the level of service required by those customers Lean Pricing is a practical toolkit that will positively influence your pricing strategy, revealing insights in the different pricing methods and tactics used by successful companies. You will discover a great number of case studies where these methods are successfully applied which will help you set-up or optimize your current pricing strategy. This book will answer the following key questions: • What price can you ask? • What pricing strategy will you adopt? • Whether you launched a startup or work for a big tech company is not important. As long as you believe that pricing plays a key role in your success, this book will provide the guidance, insights and inspiration you need. Lean Pricing is part of the Lean series, a series of books tackling the challenges that technology entrepreneurs and companies are facing. A must-have for startups ! EXCERPT The aim of this book is to provide insights in the different pricing methods, strategies and tactics to set pricing, as well as plenty of case studies where these methods are successfully applied. This is not a book for people that are looking for complex economic theories around price setting. It is rather a no-nonsense, ready-to-apply comprehensive guide for creating and reviewing your pricing strategy that will serve as a work of reference for a long time to come. ABOUT THE AUTHOR Omar Mohout is a Growth Engineer. He is an expert in building repeatable, scalable customer acquisition engines for born-on-the-web companies. Omar is an entrepreneur that turned startup advisor & mentor.
The Best Ways To Price Your Product
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Author : Sasha Winkler
language : en
Publisher:
Release Date : 2023-05-25
The Best Ways To Price Your Product written by Sasha Winkler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-25 with Business & Economics categories.
Businesses that focus on the value they provide to customers, rather than the price they charge, have the freedom to set virtually any price they like. Business owners may learn how to break free from standard pricing practices and charge what they're really worth in Pricing for Profit. Readers will be able to put a dollar amount on the worth of their products or services, differentiate between price and value purchasers, bundle offers to get an edge in the market and delight customers, and craft a compelling marketing strategy that effectively communicates value. The cheap prices small businesses feel compelled to give hinder their ability to turn a profit and also make it harder for them to adapt to the needs of their clientele. This accessible and practical advice is a must-read for anyone who wants to boost unit sales, close more deals overall at higher prices, and make more money with less unnecessary work. It's loaded with useful formulas, script examples, clear explanations, interactive activities, and more.