Winning Strategies to Price Your Product or Service
Manage episode 364155704 series 3478521
No matter what business you're in, pricing is always a key consideration. But when it comes to an inflationary economy, pricing can be especially tricky. There are countless factors to consider, from regulatory compliance to supply and demand. In this week's episode Chip outlines some of the most important considerations when setting prices for products and services.
You'll learn how to price your product or service so that you can win in a competitive market and industry!
We all know that humans are irrational creatures. And as such, pricing a product can be just as much an art form than it is science! So, we'll also break down the psychological side of how to price your products so you get more sales.
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Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.
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