Pricing
Getting your prices right is critical. Too expensive and you won't make any sales - too cheap and you won't make any profit. There are a number of different ways of deciding how you price your goods/service.
Here are few ways that you can price your goods:
- Competitive pricing - match or beat the competition
- 'Cost plus' pricing - add a percentage onto the cost you charge for your goods/service
- Premium pricing - add value to your goods and service to deliver a premium experience
- Bundled pricing - offer credit or other services and charge for the bundled offer