Pricing Products and Services
Everyone knows how you price your products and services is one of the biggest factors in driving profits. Pricing and the approaches you take to determining price can be complicated. Articles you find in this area are for general information only. Seeking professional advice and help in this area could prove to be very beneficial to your business.
Getting Started With Pricing
How a company prices its products and services is one of the most critical determining factors in determining a company’s ability to make a profit. Pricing strategy and the elements that go into determining prices can be very complex. The task is even more difficult for the small business owner who wears so many hats […]
Understanding Gross Margin and How it Can Make or Break Your Startup
Landscape Today: This article is from the Small Business Administration – Caron Beesley is a contributing writer to the SBA. Please see our article about how reducing price by only a few percentage points dramatically impacts your gross margin. By Caron_Beesley, Contributor Published: December 19, 2011 Updated: January 9, 2013 It may sound obvious, but understanding gross margin is […]
Impact of Price Reduction on Your Gross Margin
Discounting your prices dramatically impacts the gross margin you will earn on a project. Everyone loves a sale, everyone loves a deal. But when your business reduces your selling price by even a small percentage it takes a large bite out of the gross margin dollars you will earn. Remember, gross margin is your selling […]
Types of Pricing Programs
Let’s start with the fact that pricing is really all about supporting your marketing strategy. While your strategy involves knowing your market, competition, cost, customers and more, this post will focus on basic types of pricing a contractor can use and how they are intertwined with your marketing strategy. Strategy usually centers on one of […]
More Pricing Products and Services Articles
Pricing Products and Services
- Pricing Strategies from MarketingTeacher.com
- 10 Pricing Strategies That Can Drastically Improve Sales from HelpScout.com
- How to price small business products and services from the U.S. Small Business Administration
- Pricing Strategy from MarketingMo.com
- Landscaping Costs from ImproveNet.com
- Landscape Cost Guides from HomeAdvisor
- Pricing Strategy for Your Marketing Plan from SCORE
- Eight reasons why companies don't capture more value - From the Harvard Business Review Blog
- Understanding Gross Margin - From the U.S. Small Business Administration
- What a balance sheet reveals about a small business - From the U.S. Small Business Administration
- A beginners guide to financial statements - From the U.S. Securities and Exchange Commission