The 5 Best Pricing Methods - How to Choose a Pricing Strategy for Your Business
Setting the price of a product or service can be challenging for new entrepreneurs, but there are structured processes for determining the best price for your business.
In this webinar, we’ll cover five methods of product pricing and how to implement them. We’ll also discuss the advantages and disadvantages of each method and demonstrate what types of businesses are best suited for each method.
Learning objectives:
- Value Added Pricing
- Cost Plus Pricing
- Modified Cost Plus Pricing
- Competitive Pricing
- Value-Based Pricing
We will also discuss combining some of these methods to determine a specific price and sales volume, while also generating a specified profit amount as part of the process.
Event Details