How to Price Your Products and Services

Entrepreneurs Brief Guide - How to Price Your Products and Services.

Deciding on the price of your products and services is a very crucial step as the right price could help you to double your profits instantaneously. There are many methods for selecting your price, although most new businesses opt for cost-plus pricing in which a certain mark-up is added to each cost figure.

In 30 minutes, learn how to: (a) Build your cost structure, (b) Check your competitors' prices, (c) Offer discounts and (d) Increase prices.