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How to Cost and Price Your Products and Services
May 24, 2022 @ 10:00 am - 11:30 am
Pricing is one of the most important decisions you make in your business and shouldn’t be taken lightly. Setting a price that’s too high or too low could affect sales, profitability and cash flow. We’ll share a winning formula with you that you can use to ensure your products and services are priced profitably.
• How to conduct industry and competitor research.
• How to calculate your true costs.
• What’s a fair profit margin?
• Pricing your products or services for profit.
• How to increase your profit margins without increasing your selling prices.
• Calculate your monthly and annual break-even sales.
Pricing your products and services effectively will help increase your bottom-line results.