How do successful solopreneurs determine their pricing model and what sort of struggles do they push through to charge what their worth? That's the question being answered here.



Comments


Written by AngelBiz
911 days ago

The first rule of Economics says that you should charge each customer as much as he is willing to pay for it. Obviously, this is easier said than done. There are certain rules you can use to determine the pricing.

- Do not set the price based on what competitors are charging.

- Do not start with low price. If you have to want to attract value customers, keep the price the same and distribute coupon.

- Do not compete on price, focus on value instead.

- The price of a product is in the eye of beholder (customer). Try to understand how much does the customer value your product and charge accordingly.



Written by tiroberts
913 days ago

Oooo, I can tell this going to be a great post, Kelly! :)

I can't wait until I have time to really dig into it. This is right on time for me because I've been going back in forth about pricing in regards to some products I'm in the process of creating.

Truly appreciate you sharing this with the community; thanks!

Ti



Written by kellymccausey
913 days ago

You WILL love it Ti :) I'm so glad that I'm getting head wrapped around my pricing issues, advice like this really helps.



Log in to comment or register here.

5 Things Your Latino Employees Wish You Understood

Latino employees are the fastest-growing segment of the U.S. workforce – in fact, by some estimates one in three working …
Subscribe

How To Make Sure Sponsored Content Gets Clicked

If you're trying to get visitors to click your sponsored content, try using an image with a celebrity or with eye … More
Editor's Picks


Did you know you can now post video on BizSugar?
Have you tried BizSugar's new video posting feature?
It's time to up your game with video on BizSugar!
Post your small business video to BizSugar today!