This webinar will share with you the best methods for setting a price and inspire you to promote how your products and services represent value to the customer (price is merely one component of customer value).
When was the last time you reviewed the prices for products or services in your business? Are you confident that you correctly identified all actual costs before setting the price? One of the best ways to achieve profit in your business is to review your pricing strategy. Whatever your costs are you must add a margin that makes your business financially viable before you determine the price. Completely flawed methods of pricing that will cause a business to fail include an owner having a ‘hunch’ as to what customers can afford, pegging your prices to competitors (who may be about to fail), and just adding an incremental increase periodically without checking actual costs.
This webinar is aimed at small businesses throughout NSW who have just started or have an established business and we have the capacity to host up to 50 people.
PRESENTER: Dales Whyte.
MODERATOR: Greg Bowers.
LEARNING OBJECTIVES:
LEARNING OUTCOMES:
This Business Connect event is funded by the NSW Government #NSWBusinessConnect