Among the many important decisions that need to be made when designing a business model, coming up with the right price might be one of the most crucial in determining your success. Charge too much for what you’re offering and you won’t be offering good value for money and no one will want to bite.
But don’t charge enough and you won’t be able to keep your business afloat on the profits – and you might find that people actually assume that what you’re selling isn’t very good.
Fortunately there are lots of strategies and standards that make this decision a little easier to make. Read on and let’s take a look at how you put a price on all that hard work…
But don’t charge enough and you won’t be able to keep your business afloat on the profits – and you might find that people actually assume that what you’re selling isn’t very good.
Fortunately there are lots of strategies and standards that make this decision a little easier to make. Read on and let’s take a look at how you put a price on all that hard work…