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92: #92 How To Perfectly Price Your Products
Manage episode 435559176 series 3419542
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Ever wondered why pricing your services feels so challenging? As business owners, we can often overthink the question: "How much is this worth?", but the truth is, pricing isn’t just about numbers—it’s about balancing value and profitability.
Understanding your business' unique cost structures - whether you're aiming for high-profit margins or high-volume sales, is crucial for finding a strategy that works for YOU. After all, this is YOUR business and, in this episode, we'll identify the core fundamentals you need to be able to price confidently without guilt.
Listen to hear:
Understanding your business' unique cost structures - whether you're aiming for high-profit margins or high-volume sales, is crucial for finding a strategy that works for YOU. After all, this is YOUR business and, in this episode, we'll identify the core fundamentals you need to be able to price confidently without guilt.
Listen to hear:
- Challenges of Pricing Services
- Finding the Sweet Spot in Pricing
- Impact of Audience Size on Pricing
- Understanding Overheads
- Choosing a Business Model
- Libby’s Pricing Strategy
- Balancing Service and Pricing
- Importance of Profit Margins
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💌 Get weekly no-BS emails
🎢 Join Confidence to Grow
📔 Read Life In Business
📲 Connect on Instagram
🔗 Connect on LinkedIn
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