Intro To Pricing
In this 5-minute small business class online, you’ll learn how to price the products and services in your small business.
Recommended Pre-Requisite Classes: None
Instructor: Jennifer Croft
Please note: You may have to raise the volume on your computer or phone to be able to clearly hear the video.
In this 5-minute online class, you’ll learn the basics of how to price the products and services in your small business. You’ll find out the importance of correctly pricing your products and services, and how much of an impact pricing has on your bottom line. You’ll learn what will happen if you price too high…or too low. You’ll find out the minimum you can charge for your products and services, as well as the maximum, and get tips for how to choose the right market position. You’ll discover how your competitors’ pricing affects your business and get specific suggestions for how to price products and services.
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Related ClassesHere are other small business classes online that relate to Intro To Pricing:
•How To Calculate Cost Of Goods (COG)
•How To Choose Your Pricing Position
•How To Price Your Products
•How To Price Your Services
•10 Tips For Pricing Your Products
•10 Tips For Pricing Your Services
WorksheetsThe following small business worksheets will be helpful for you to use:
•Cost of Goods (COG) Forecast – 1 year
•Price vs Quality/Service
•Pricing For Your Top 5 Products/Services
Next StepsAfter taking this class, here are some good next steps you can take:
•Make a list of the current prices for your top-selling products and services.
•Calculate the cost of goods for your top-selling products.
•Identify your market position for your top-selling products and services.
•Find out what your competitors are charging for similar products and services.
•Consider implementing a price increase on some or all of your products and services..