🤑Price is right – 14 strategies for finding the perfect price for your product

I’m going to give you 14 strategies that are really going to help you out when you’re trying to price your products online. It’s really important that you get the right price. By the end of this video, you’ll have all these strategies so you know that you’re going to be pricing things correctly.

✅01:00 – WHAT IS YOUR AUDIENCE WILLING TO PAY?
✅01:12 – WHAT IS COMPETITION CHARGING?
✅01:39 – WHAT DOES YOUR PRODUCT COST YOU?
✅02:24 – FIND VALUE PROPOSITION

💡COMMON PRICING STRATEGIES💡

✅02:56 – COST PLUS MARKUP
✅03:17 – COMPETITIVE PRICING
✅04:41 – PRICE SKIMMING
✅05:25 – PENETRATION PRICING AND DISCOUNT PRICING
✅05:57 – KEYSTONE PRICING
✅07:00 – MSRP – MANUFACTURER SUGGESTED RETAIL PRICE
✅07:08 – MAP – MINIMUM ADVERTISED PRICE
✅08:21 – MULTIPLE PRICING
✅08:59 – LOST LEADING PRICING
✅09:28 – PSYCHOLOGICAL PRICING

Now, you have all the tools you need and now you know about all these different pricing methods. Take these out apply them to your products, services, or whatever it is.

If you have additional questions or any questions to do with selling online, don’t hesitate to leave them in the comments section below and I’d be happy to help you out.

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