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Pricing 101 – Pricing Strategies in a Nutshell

December 6, 2020 by Melissa 1 Comment

Pricing 101 - Pricing Strategies in a Nutshell from North Carolina Book Blogger Reading with Frugal Mom

One of the most important decisions a business makes is how to price its products and/or services. It goes without saying that you need to know how much your products or services cost you to provide and that cost needs to include ALL of your expenses (including your operating costs like utility bills) with a portion of the cost allocated to re-investing back into your business. Info Entrepreneurs has a good section on covering your fixed and variables costs on their “Price your product or … [Read more...]

Filed Under: Everything Else Tagged With: competitive pricing, cost-plus pricing, penetration pricing, price skimming, pricing, pricing strategies, value-based pricing

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