What’s the best price for your products?

Choosing the right price for your product can make you get a headache.
Pick a low price and you’ll earn too little from your sales, pick a high price and you’ll sell only a few products.

Well, to tell the truth, it’s even more complex than this.
For example, do you know that having a single price instead of a few pricing plans will make you lose money?



Comments


Written by AngelBiz
584 days ago

Excellent Infographic on pricing. Small business owners can adopt many of these strategies to maximize their profit. I have seen Decoy Pricing being used in number of places. The one on No Dollar Sign is interesting. Not sure why or how it works.



Log in to comment or register here.

Learn How to Build a Firm Benefits Foundation

While health care reform hasn’t gone into full swing mode yet, your business can lay a firm foundation for 2015 by following …
Subscribe

Chris Farmer @CorporateCoachG Trains Your Team

If you feel your management style is lacking, Chris Farmer has some ideas for that. Ironically, it was another … More
Editor's Picks

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