I suggest you do a google search for "pricing is magic" and read through the various articles that come up with that. You can just click here to go straight to that search.
Tim
Question added to topic Marketing •
June 16, 2008
How do I determine a price for my patented billiard product?
My product is called The Laser Rack. It incorporates laser technology into a billiard rack to allow for visible confirmation that the rack is perfectly aligned. I have received a lot of positive feedback from pros as well as amateurs. My dilemma is setting the price.
Tim Berry is the president of Palo Alto Software Inc., based in Eugene, Ore., which produces business planning software. He is also the author of 3 Weeks to Startup and The Plan-As-You-Go Business Plan, published by Entrepreneur Press.
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