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Seven Pricing Pointers

entrepreneur daily

By Kylo-Patrick Hart

Find the right figure to make the highest profits.

1. Don't shy away from charging a fair price for yourofferings--you deserve to be rewarded for your time, talent, riskand investment.

2. Keep your price within the range of what customers arewilling to pay.

3. Remember that prices for the same products andservices vary dramatically by geographic location.

4. The price you can expect to receive is determined inpart by your distinct background, talents and skills.

5. Check out the rates of local competitors beforesettling on a price.

6. When estimating your expenses, consider costsassociated with bookkeeping, travel, research, telephone calls,mailing and delivery.

7. Don't set a price so low that it endangers yourfinancial well-being or your sense of self-worth.

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