You can be on Entrepreneur’s cover!

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.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

Business Solutions

Grab Microsoft Project Professional 2021 for $20 During This Flash Sale

This small investment is well worth the time it will save your team in organizing and monitoring project work.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Data & Recovery

This File Backup Tool Subscription Is $25 for Life for One Week Only

AOEMI Backupper Professional is designed to protect, store, and transfer user's files for them.

Business News

Microsoft's New AI Can Make Photographs Sing and Talk — and It Already Has the Mona Lisa Lip-Syncing

The VASA-1 AI model was not trained on the Mona Lisa but could animate it anyway.