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Is it Possible to Price for Profit in the Current Economic Climate?

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Manage episode 405247716 series 3536773
Content provided by Julianna Nagy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Julianna Nagy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Welcome to Episode #13 of Prosperity on the Horizon!

In this episode, we dive into the complex world of pricing strategies, particularly in the current economic climate where businesses are facing challenges like supply shortages and rising prices. The myth to debunk? The common belief that lowering prices is the ultimate solution when demand decreases.

Pricing has never been easy, especially now with economic shifts and new challenges like 'cosilivs' entering our vocabulary.

Lowering prices might seem like a quick fix, but does it truly solve business problems? We explore the repercussions and discuss the importance of a pricing strategy amidst market challenges. Understanding the economics behind pricing decisions is crucial, emphasising the need for informed decisions based on accurate and up-to-date information.

From evaluating business relationships to avoiding unnecessary discounts, the episode provides a comprehensive guide on maintaining competitiveness and growing during uncertain times.

Tune in for valuable recommendations, including setting fair prices, highlighting uniqueness, improving the online buying experience, attracting new customers wisely, and leveraging smart technology for consistent pricing.

Join us as we explore the strategies that not only help businesses stay competitive but also foster growth, even in the face of uncertainty in today's ever-changing economic landscape.

Thank you for tuning into Episode #13 of our podcast!

Stay tuned for upcoming episodes where we further explore the world of numbers and the stories they tell.

If you are listening to this podcast, chances are you are already on your way to exploring your numbers with a desire to understand and master your business finances, realising the transformative power that numbers hold for your business success.

To help you on your journey of building a thriving business with healthy cash flow, I’ve published a podcast series (Episodes 1-8) to highlight the biggest mistakes that prevent businesses from succeeding. To assist you in maintaining a healthy cash flow in your business, I walk you through The 7 Deadly Cash Flow Sins and give you tips and strategies on how to overcome them.

You can grab a free copy of my e-bookThe Seven Deadly Cash Flow Sins’ right here, right now.

You can also subscribe to our ‘Prosperity Playbook Bulletin’ to get notified when a new podcast episode is released, and of course you will get a lot more value out of it.

Where to find us:

Available on all major podcast platforms: Apple Podcasts, Spotify, Google Podcasts and Amazon.

Subscribe on your favourite podcast app to stay in the loop with every insightful episode.

If you’d like to find out more about Julianna and her business, visit www.horizonaccounts.com.au or follow her on LinkedIn and Instagram @horizonaccounts

Stay tuned for the next episode of Prosperity of the Horizon, the podcast that transforms businesses through the power of numbers and the story behind them.

  continue reading

29 episodes

Artwork
iconShare
 
Manage episode 405247716 series 3536773
Content provided by Julianna Nagy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Julianna Nagy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Welcome to Episode #13 of Prosperity on the Horizon!

In this episode, we dive into the complex world of pricing strategies, particularly in the current economic climate where businesses are facing challenges like supply shortages and rising prices. The myth to debunk? The common belief that lowering prices is the ultimate solution when demand decreases.

Pricing has never been easy, especially now with economic shifts and new challenges like 'cosilivs' entering our vocabulary.

Lowering prices might seem like a quick fix, but does it truly solve business problems? We explore the repercussions and discuss the importance of a pricing strategy amidst market challenges. Understanding the economics behind pricing decisions is crucial, emphasising the need for informed decisions based on accurate and up-to-date information.

From evaluating business relationships to avoiding unnecessary discounts, the episode provides a comprehensive guide on maintaining competitiveness and growing during uncertain times.

Tune in for valuable recommendations, including setting fair prices, highlighting uniqueness, improving the online buying experience, attracting new customers wisely, and leveraging smart technology for consistent pricing.

Join us as we explore the strategies that not only help businesses stay competitive but also foster growth, even in the face of uncertainty in today's ever-changing economic landscape.

Thank you for tuning into Episode #13 of our podcast!

Stay tuned for upcoming episodes where we further explore the world of numbers and the stories they tell.

If you are listening to this podcast, chances are you are already on your way to exploring your numbers with a desire to understand and master your business finances, realising the transformative power that numbers hold for your business success.

To help you on your journey of building a thriving business with healthy cash flow, I’ve published a podcast series (Episodes 1-8) to highlight the biggest mistakes that prevent businesses from succeeding. To assist you in maintaining a healthy cash flow in your business, I walk you through The 7 Deadly Cash Flow Sins and give you tips and strategies on how to overcome them.

You can grab a free copy of my e-bookThe Seven Deadly Cash Flow Sins’ right here, right now.

You can also subscribe to our ‘Prosperity Playbook Bulletin’ to get notified when a new podcast episode is released, and of course you will get a lot more value out of it.

Where to find us:

Available on all major podcast platforms: Apple Podcasts, Spotify, Google Podcasts and Amazon.

Subscribe on your favourite podcast app to stay in the loop with every insightful episode.

If you’d like to find out more about Julianna and her business, visit www.horizonaccounts.com.au or follow her on LinkedIn and Instagram @horizonaccounts

Stay tuned for the next episode of Prosperity of the Horizon, the podcast that transforms businesses through the power of numbers and the story behind them.

  continue reading

29 episodes

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