20/02/2023
So maybe you have one of these problems that I frequently see small businesses facing with their pricing when they want to get their products stocked.
Maybe a couple of these resonate with you?
1. Under-pricing
Underpricing can be a real challenge- you want people to buy your products- you want to be commercial and at the right price, but the profit just isn’t here for you to keep going.
If your business doesn’t fulfil you financially it is not going to be a long-term option
Perhaps this is you?
Maybe you see your business as a hobby and don’t value yourself and your products in the way that you should so you can grow.
Are you seeing your competitor sell similar products for higher prices- perhaps you avoid looking at your competitors. Is it feeling frustrating right now?
2. You are going around in circles with a pricing formula- expecting each product to give you the same % of margin.
If you are using price formulas- they can be helpful, but they aren’t my recommendation. Let me show you how you can get your head around your pricing.
3. Then lastly, I often see a lack of pricing strategy and a structure to pricing. This is useful so that your customers can clearly understand the value each of your products will bring. It makes it easy for them to understand, connect, and buy from you.
Are you facing any of these challenges too? Does this resonate with you?
Sign up and join my masterclass tomorrow at 10 am for an hour live on zoom. I’m talking about how to price your products to get successfully stocked.
Send me a DM to register.
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