Here are 6 strategies that businesses implement when pricing products and services: 1-pricing at a premium, 2-for market penetration, economy, price skimming, psychology pricing
Profitability is the difference between a business that’s booming and one that’s a bust. Find out how to calculate this key metric and improve your ratio.
With this profit equation, you can get a clear picture of your company’s financial health. So grab your calculator and get ready to see your fiscal future.
Market penetration isn't just a way to understand your competitors. It's a way to understand your customers and get more business. Here's how it works.
When you run a business, pricing strategy is an easy thing to sideline. After all, your products and brand are the stars of the show, right? But the r...
Price skimming can allow you to continually reach new customers at different price points, but it doesn't work for all industries. Could it work for you?
Is a freemium pricing strategy viable for your product and small business. In order to know, you have to ask yourself a few important questions first.
How do you charge clients for your industry expertise, to give advice, and to provide other intangibles? Read a helpful guide to getting paid.
Learn how a small business can implement comptitive pricing while remaining profitable. Get tips and ideas for setting competitive prices.
In business, trying to be everything to everyone rarely works out well. Stick to what you know, and revenue will pour in. Just ask 4WT Media's John Trefry.
Over time, raising prices is a necessity for most businesses. But it doesn't have to come at the expense of losing customers. Learn 8 ways to raise prices.