How To Price A Product Or Service Competitively

Marketing Tips On Product Pricing To Teach You The Best Pricing Strategies So You Know How To Set Prices For Your Products And Services To Be At Par With The Competition

Business & Finance, Human Resources & Personnel Management, Skills, Nonfiction, Computers, Internet, Electronic Commerce, Marketing & Sales, Sales & Selling
Cover of the book How To Price A Product Or Service Competitively by Carlos L. Menus, KMS Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Carlos L. Menus ISBN: 1230000022524
Publisher: KMS Publishing Publication: October 7, 2012
Imprint: Language: English
Author: Carlos L. Menus
ISBN: 1230000022524
Publisher: KMS Publishing
Publication: October 7, 2012
Imprint:
Language: English

If you are trying to sell something on the Internet, pricing your services/ products would be one of the most important decisions you will undertake. The pricing of your products or services will play a huge determining role on how long you can survive in the market.

One key thing to keep in mind is that the Internet provides thousands of alternatives to the customers. Therefore, in order to appeal to customers your pricing needs to be at par with, or even be a better bargain than, the competition.

Setting a price for your product or service is not as simple as randomly picking a good number you feel lucky about and then setting it as that. You will need to look at making a profit and then mark your price more than your cost but lower than the price your customers expect to pay for your service.

There are elaborate pricing plans that you should understand and be able to work with. What pricing plan you want to work with would depend on your business model.

You need to acquire a clear cut idea about your market demand and competition. 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. To what extent can you push it? How often do you need to review the prices?

This book will give you the fundamentals on the following:

·         Pricing strategies that improve profit
·         Price skimming as a pricing strategy
·         Psychological pricing
·         Market penetration pricing
·         Promotional pricing            
·         Competitive pricing            
·         Value based pricing            
·         Offering discounts as part of your pricing strategy            
·         Alternative pricing strategies            

Plus more marketing tips and strategies to help you set the winning price!

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

If you are trying to sell something on the Internet, pricing your services/ products would be one of the most important decisions you will undertake. The pricing of your products or services will play a huge determining role on how long you can survive in the market.

One key thing to keep in mind is that the Internet provides thousands of alternatives to the customers. Therefore, in order to appeal to customers your pricing needs to be at par with, or even be a better bargain than, the competition.

Setting a price for your product or service is not as simple as randomly picking a good number you feel lucky about and then setting it as that. You will need to look at making a profit and then mark your price more than your cost but lower than the price your customers expect to pay for your service.

There are elaborate pricing plans that you should understand and be able to work with. What pricing plan you want to work with would depend on your business model.

You need to acquire a clear cut idea about your market demand and competition. 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. To what extent can you push it? How often do you need to review the prices?

This book will give you the fundamentals on the following:

·         Pricing strategies that improve profit
·         Price skimming as a pricing strategy
·         Psychological pricing
·         Market penetration pricing
·         Promotional pricing            
·         Competitive pricing            
·         Value based pricing            
·         Offering discounts as part of your pricing strategy            
·         Alternative pricing strategies            

Plus more marketing tips and strategies to help you set the winning price!

More books from KMS Publishing

Cover of the book Master The Art Of Making Scotch by Carlos L. Menus
Cover of the book Growing Japanese Maple Trees For Profit by Carlos L. Menus
Cover of the book At Home Dog Training For A Well-Behaved Dog by Carlos L. Menus
Cover of the book Your Best Tooth Care Buddy by Carlos L. Menus
Cover of the book Cake Decorating At Home For Beginner Bakers by Carlos L. Menus
Cover of the book Opening And Running Your Own Successful Tattoo Studio by Carlos L. Menus
Cover of the book Time is Money in Internet Marketing by Carlos L. Menus
Cover of the book Let Your Resume Get You Your Dream Job! by Carlos L. Menus
Cover of the book Video Games Ideas Handbook by Carlos L. Menus
Cover of the book Investment Advice For Making Money In Real Estate by Carlos L. Menus
Cover of the book 68 Effective Affiliate Marketing Ideas To Be A Cash-Rocketing Super Affiliate by Carlos L. Menus
Cover of the book Natural Metabolism Boosters For Super Fast Metabolism by Carlos L. Menus
Cover of the book The Social Skills To Make Lots Of Friends by Carlos L. Menus
Cover of the book The Ultimate Collection Of Tips For Raising A Child With Autism by Carlos L. Menus
Cover of the book Money Making Secrets In Real Estate Investing by Carlos L. Menus
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy