New Business - How Much to Charge?

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Accrete
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New Business - How Much to Charge?

Post by Accrete »

When starting a business one of things you need to figure out is how much to charge for your product or service without loosing money.

How did you calculate to "right" price for your product(s) or service(s)?


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Accrete
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Posts: 1317
Joined: Fri Nov 08, 2019 12:44 am
Latest blog post: Have You Read the Webmaster Guidelines Yourself?
Answers: 1
Reputation: 800
Location: Canada
Has thanked: 22 times
Been thanked: 110 times
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10 Ways New Businesses Can Determine Their Ideal Prices

Post by Accrete »

If you are starting a new business perhaps this article from Small Business Trends would help you determine your idea pricing.
For many new business owners, one of the biggest challenges is determining a fair price for their products or services. You don’t want to charge so much that people will choose your competitors, but you also don’t want to lowball your prices and fail to make a profit. To help you make this important decision, we asked a panel of Young Entrepreneur Council members to weigh in on the following question:

“When you were first starting out, what process did you use to determine the price of your product or service? How has that process changed between then and now?”

Here’s what YEC community members had to say:
Continued: How Much to Charge? 10 Ways New Businesses Can Determine Their Ideal Prices


Yours truly,
Accrete Web Solutions

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