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Pricing Strategies - How to price a product
 
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http://www.evancarmichael.com/support/ - SUPPORT ME :) Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! Help me caption & translate this video! http://www.amara.org/en/profiles/videos/Evan%20Carmichael/ Eduardo Orellana: "Hi +Evan Carmichael I have a question for you, what happens if you've found a product or service that people need and it is extremelly valuable but are having a hard time deciding how much to charge people for it? "
Views: 95232 Evan Carmichael
Pricing Strategy An Introduction
 
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An introduction to the subject of Pricing Strategy and an overview of some of the tools and theories available in connection with the determining of price of a product or a service. This video is aimed at marketing management students.
Views: 123487 Tine Wade
You Are Pricing Your Product WRONG! How to Determine Optimal Price for Profit
 
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What should you be charging for your product or service? ►Subscribe: https://goo.gl/ScRTwc to learn more secret SEO tips. Find me on Facebook: https://www.facebook.com/neilkpatel/ Read more on my blog: https://neilpatel.com/blog Today I'm going to share with you how to determine the optimal price for your product or service. 0:29 Optimal Price Tip #1 The first thing you need to do is look at your competition. Is your product comparable to theirs? Is it better? Is it worse? Do you have the same feature sets? Do you have fewer features? If your product is easier to use, it has all the same features, and it's higher quality, you can price your product at the same price as your competition or higher. Now, if your product has fewer features than the competition or your service has fewer features, it's not as good, you don't want to be in the same price point. Ideally, you want to be lower. It's just common sense, right? 1:41 Optimal Price Tip #2 Now, the second tip I have for you and this is if you wanna maximize how much income you're making and profit versus capturing the majority of the market because the first tip I gave you, if you wanna put your price lower than the competition when your product's better, it's a great way to gobble up their market share but on the flip side, if you're trying to optimize for profitability, what you wanna do is split test your pricing. You can use Crazy Egg, and you can use Optimizely, VWO. Pick A/B testing tool. Create two pages of your product or service at different price points and keep playing with the price. You can increase it, and you can decrease it. Usually, you want to start off increasing it, and you want to see, alright, can I generate the same amount of sales with the higher price point? If you can, then you want to go with the higher price point then you don't want to stop there just because you got more sales on the front end. If you're unsure of how to price your product or service, leave a comment below with your product or service, tell me what you're thinking, and I'll give you some feedback. If you like this video, tell people about it, share it, subscribe. Thank you for watching, and I can hope to help you come up with the ideal price for your product or service.
Views: 18621 Neil Patel
Don't Make This Pricing Mistake: How to Price Your Products & Services
 
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This is the dumb pricing mistake entrepreneurs make. Now I'll show you how to fix it. SUBSCRIBE FOR MORE ► http://bit.ly/WqPFyy There's a dumb pricing mistake people make when they price their products and services... ...and it leaves a TREMENDOUS amount of money on the table. (The weird part? This applies to all types of products. Maybe you're selling a piece of furniture... or you'er selling multiple crafts at a craft show... or maybe you're a freelance photographer or web designer...) What is the mistake? Watch this video and I'll explain everything. The best part? Once you know the mistake, it's easy to fix it. Don't take my word on it. Watch the video. See for yourself. This takes advantage of proven psychological pricing strategies. It works for physical products - like crafts, handmade furniture - and for freelance services - like photography, web design, consulting. Oh, and if you liked this video, HIT SUBSCRIBE! http://bit.ly/WqPFyy
Views: 173303 Derek Halpern
How Do I PRICE My Products?! | Pricing for Both Retail and Wholesale Business
 
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I often get asked, "How do I price my products for wholesale and retail sales?". This is a tricky subject, but it doesn't have to be complicated. I walk you through the steps I follow every time I launch a new product line. I also give visual examples for how I format my excel document when I'm tracking costs. ▼▼▼MORE INFO BELOW▼▼▼ ----------------------------------------­­­­­------------------------------------­-­- ▼▼▼ MENTIONED IN THIS VIDEO ▼▼▼ Please let me know if you have any questions about pricing in the comments below. This is a lovely community and seeing you talk to each other is extremely helpful and rewarding! Videos Related to Selling Wholesale: https://www.youtube.com/playlist?list=PLvIZjXRogQyn5EIxBSPkomX0xK3nZYm8- More Small Business Tips: https://www.youtube.com/playlist?list=PLvIZjXRogQynhhnuI9qCcsFO0Rt4KDiOK ----------------------------------------­­­­­------------------------------------­-­- Please comment and subscribe. I have a bunch of Etsy/Small Business related videos on the way. ▼▼▼ SUBSCRIBE ▼▼▼ https://www.youtube.com/channel/UC8sHrp-M7ufOjqh5ORk3bHA?sub_confirmation=1 ----------------------------------------­­­­­------------------------------------­-­- ▼▼▼ MY BUSINESS - Mane Message ▼▼▼ MANE MESSAGE: http://www.manemessage.com ETSY SHOP: https://www.etsy.com/shop/ManeMessage ----------------------------------------­­­­­------------------------------------­-­- ▼▼▼ SOCIAL MEDIA ▼▼▼ TWITTER: http://www.twitter.com/manemessage FACEBOOK: http://www.facebook.com/manemessage INSTAGRAM: http://www.instagram.com/manemessage ----------------------------------------­­­­­------------------------------------­-­- ▼▼▼ SUBSCRIBE TO MANE MESSAGE'S NEWSLETTER ▼▼▼ EMAIL NEWSLETTER: http://eepurl.com/biNlZT ----------------------------------------­­­­­------------------------------------­-­- ▼▼▼ JOIN ETSY ▼▼▼ http://etsy.me/2bNbLrp ^ This is an affiliate link. I will earn free Etsy listings if you join using my link.
Views: 43398 Olivia Hayward
How To Price Your Handmade Products - The Pricing Formula
 
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Want to learn the The Three Secrets to Making a Living Selling Your Handmade Products Online Without Sacrificing Time Away from Your Family or Craft? Sign up for my free workshop here: https://www.creativehiveco.com/workshop
Views: 14153 Creative Hive
How To Price Your Product | Pricing Strategies For eCommerce and Retail Sales
 
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In this video we cover everything you need to know about pricing your product for sale. We dive into eCommerce pricing, what kind of margins you should aim to reach and what it takes to sale through retail stores. To take advantage of the free trial of Shopify and setup your online store: http://bit.ly/Get-Shopify Margin Calculator Mentioned in video: http://bit.ly/Margin-Calculator Printful Print To Order: http://bit.ly/Try-Printful Back The Cause: http://bit.ly/Support-The-Channel Have you ever wondered how some products sell for hundreds of dollars while others are more affordable? If you’ve had this in mind while pricing your products for sale, I go into detail with the different pricing models you can follow to help you make a decision. Ultimately it depends on what tier your brand sits in, but the terms and content in this video will help you figure all of that out in a strategic way. It’s important to price your product at a sweet spot, a price that your market is willing to pay and you are able to make margins on to keep the lights on. It can be tricky to figure out, but it’s important to know what to strive for early on and then make adjustments as needed. Start A Brand ASAP- Connecting entrepreneurs with the resources and content they need to start their business ASAP. Download the free manufacturer and supplier guide and also receive the E-Series straight to your inbox. http://bit.ly/Apparel-Download John Santos on Social: https://www.instagram.com/johnxsantos/ https://twitter.com/johnxsantos SC: @revivejohnny LINKS TO BUSINESS RESOURCES AND INFO. **** RESOURCE LINKS******** ***Shopify- Website Platform, 14 Day Risk Free Trial http://bit.ly/Get-Shopify ***Bluehost- Web hosting package, 30 Day Money Back Guarantee http://www.bluehost.com/track/bluejay90 *** Design Package- Photoshop, Illustrator & More http://bit.ly/Creative-Cloud1 ***Fiverr- Logo Design and Graphics http://tracking.fiverr.com/SH1rz *AFFILIATE DISCLAIMER: The description may contain affiliate links, which means that if you click on one of the links, I may receive a small commission (at no added cost to you). This helps me create new videos to support your journey. If you could reference back to this description when you are ready to use a service, I’d greatly appreciate it.
Views: 19567 John Santos
Business Training Video on Price and Product Strategy (Hindi) by DR. Vivek Bindra
 
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In this Video Dr. Vivek Bindra explains in very simple terms, the 4 quadrants of Business practice. This video beautifully explains the following quadrants for start ups, small entrepreneurs, small business etc as follows 1. Value for Money | 2. Opportunistic | 3. Premium | 4. Chinese Market. Through these quadrants Dr. Bindra asks young entrepreneurs to identify their business propositions and determining on which proposition would they like to position their business. This is a very enabling video that seeks to empower the business class society of India today and handhold them to success. If you want to avail the full benefits of this business concept, then do not forget to attend the 6 months long term Leadership Funnel Program To Attend a 4 hour Power Packed “Extreme Motivation & Peak Performance” Seminar of BOUNCE BACK SERIES, Call at +919310144443 or Visit https://bouncebackseries.com/ To attend upcoming LEADERSHIP FUNNEL PROGRAM, Call at +919810544443 or Visit https://vivekbindra.com/upcoming-programs/leadership-funnel-by-vivek-bindra.php Watch the Leadership funnel Program Testimonial Video, here at https://youtu.be/xNUysc5b0uI Follow our Official Facebook Page at https://facebook.com/DailyMotivationByVivekBindra/ and get updates of recent happenings, events, seminars, blog articles and daily motivation.
How to price a product | Pricing Strategy
 
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How to price a product for your online shop. Here are 9 tweaks you can make to nail those prices on your products. Get the list here: https://m.me/becauseicanclan?ref=Pricing Subscribe: https://alisonprince.com/tv Find out how my 10 and 13-year-old girls sold over 21,000 scarves in 9 months over on the https://0-100k.com/special-webinar-registration Learn how you can start your online store to sell products. Make sure to follow me so you can learn how to run an online store and make money online. Blog: https://www.alisonjprince.com/home Facebook: https://www.facebook.com/becauseicanclan Instagram: https://www.instagram.com/alisonjprince/ Join the Because I Can Clan FB page and find out how other 'clanners' are changing their lives!
Views: 2219 Alison J Prince
The Best Pricing Strategy - The Apple Way
 
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Please Subscribe here https://goo.gl/6mVLxs to have more videos on business, entrepreneurship, motivation, personal development and success strategy. Setting the right price for a product or a service can be very challenging especially for new entrepreneurs. This is because it can be quite confusing to understand how pricing really works in the market. For example, which of these two products would you buy, the first one is priced at $800 and the second product with the same functions and usage is priced only at $4? Obviously, most of us would choose the $4 product, right? Yes and no. It all depends on 2 important factors which I am going to explain more in this video. If you say yes then why is it that a 256GB iPhone 7 which is priced at $849 is more in demand than a Freedom 251 smartphone which is priced only at $4 a piece? If you say no then why is it that most of us would choose to get a $1 mineral water than the one that is priced at $200 a bottle? So how much should you price your product then? Well, there’s no one right answer to this question because there are so many things that you need to consider such as your overall business goals, how you plan to position your product in the market, your market niche, the costs to produce your products, your product category, and your overall operational costs, just to name a few. Is there a simpler way to do this? Of course, there is, just make sure you know your product category and your positioning strategy. Let me explain. Basically, your product will fall into either one of these two big categories. One is a generic product which can be divided into convenience and shopping products. Convenience products refer to our day to day products such as food, drinks, household products, and so forth whereas shopping products refer to products like clothing, shoes, furniture, and electrical appliances. The second product category is specialty products such as exclusive clothing lines, luxury cars, branded items such as branded bags, watches, shoes, and perfumes. If it is categorised as a generic product just use cost plus profit pricing strategy. Which means, you set your price by adding up the total costs to produce one unit plus the profit you want to make for every product sold. This usually works just fine because almost all generic products are priced this way. But if your product is a specialty product, you need to decide on how you want to position it in the market, more specifically how do you want to position it in the mind of your customers and you can set whatever price you want. The most important thing that you must remember here is this, the moment you enter the market with your product positioning and pricing strategy, it will stay in there forever and, to reposition it later on in the future is almost impossible. For example, Freedom 251 smartphone is positioned as the cheapest and most affordable smartphone in the world and to reposition it just like an iPhone is near to impossible task. Therefore, how should you price your products and services? Decide on your product category and on how do you want to position it in your market. pricing strategies | pricing strategies in marketing | competitive pricing strategy | marketing pricing strategies | pricing methods | business pricing strategies | pricing strategy examples | Follow me on twitter https://twitter.com/moslemanoar Connect with me on linkedin https://my.linkedin.com/in/moslem Follow me on my blog http://moslemanoar.com/ Connect with me on facebook https://www.facebook.com/moslemanoarpage Connect with me on skype moslemanoar
Views: 31417 Success Matters
3 Pricing Strategies Everyone Should Know
 
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Visit www.ground-glass.com for more information. Ground Glass is the wedding photography resource for breaking through barriers and finding real-world business information.
Views: 87607 Spencer Lum
Pricing Strategies - How should you price your product or service?
 
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http://www.evancarmichael.com/support/ - SUPPORT ME :) Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! Have done a video, or could you recommend a place, about product pricing? I've read about a half dozen books, scores of blogs/internet articles searching for reasonable advice and have had some success. The real test is "does the item sell?" And that's the trickiness of my chosen business. I make homemade or home improved gift items for girls and ladies. Most of my customers buy only for themselves. Is pricing the issue or is it marketing? How would you suggest I determine which is the issue?
Views: 16174 Evan Carmichael
The 3 Most Common Mistakes When Pricing Your Product
 
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It is very important to know how to price your product properly. In this video we're talking about 3 common mistakes that you need to avoid when pricing your product: - Mistake #1 is trying to compete on price - It occurs when you don't know how much your product is worth... So you just take a look at your competitors and think "I'm going to price my products lower than they do, so their customers will choose me instead". - Mistake #2 is setting the price based on your type of product. So, you're thinking "Hmm, I guess this should cost THIS much...?". - And finally, mistake #3 is not giving people to oportunity to give you more money (even when they want to). Watch the video to find detailed answers for these questions, along with simple examples why you shouldn't price your product based on these factors. Also, check out the full blog post + 2 bonus tips here: https://thrivethemes.com/pricing-mistakes/
Views: 5118 Thrive Themes
12 Pricing Models for Your Product
 
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Pricing models for your new product or startup. www.productdiscovery.com Take the full course at http://www.udemy.com/business-model-and-pricing-strategy/
Views: 11738 Product Discovery
How to Price for Profit: The Trick to Making Money on Wholesale Sales
 
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Tara shares the formula for pricing products for profit at wholesale. http://cr8.lv/priceyourcraftyt In this clip from the CreativeLive class, Price Your Craft, Tara details the variables that go into setting a price so you make money on your wholesale craft sales. Get more tips on making money by making crafts on CreativeLive. http://cr8.lv/priceyourcraftyt CreativeLive unleashes your creative potential by connecting you directly with the world's most inspiring visionaries. Access courses on Photo & Video, Art & Design, Business & Life, Music & Audio, and Craft & Maker at http://www.creativelive.com
Views: 63579 CreativeLive
How to Sell Value vs. Price
 
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People don't buy products, they buy the result that the product will give them. In today's video, I'll teach you what I've taught to more than 2 million salespeople in over 75 countries: how to sell the VALUE and BENEFIT of your product, rather than the price. Learn how to close more deals by applying the right closing technique with my FREE 23 Closing Techniques Battle card, download it here: http://bit.ly/1TWrOxE "The more you focus on the value of your product or service, the less important price becomes." @BrianTracy (Tweet this: http://bit.ly/1TGEqt6) ___________________ Learn more: Subscribe to my channel for free offers, tips and more! YouTube: http://ow.ly/ScHSb Facebook: http://www.facebook.com/BrianTracyPage Twitter: http://www.twitter.com/BrianTracy Google+: +BrianTracyOfficialPage Pinterest: http://www.pinterest.com/BrianTracy Instagram: @TheBrianTracy Blog: http://ow.ly/TXzAT
Views: 136359 Brian Tracy
Product Pricing for Profit: A How-To
 
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The old rules of pricing no longer apply... so how do you know your pricing your products for optimum profits? Watch to hear our founder, Syama Meagher, share the details. Want to learn more about pricing for success? Download your free copy of "How to Price Your Product": http://scalingretail.com/launch/video-product-pricing-for-profit-a-how-to/ Recommended Reading: “Transitioning Your Fashion Business from E-Commerce to Wholesale” http://blog.scalingretail.com/transitioning-fashion-business-e-commerce-wholesale/ “5 Ways to Make Your Brand Attractive to Wholesale Buyers” http://blog.scalingretail.com/5-ways-make-brand-attractive-wholesale-buyers/ Follow us on: Instagram: https://instagram.com/scalingretail Twitter: https://twitter.com/scalingretail Facebook: https://www.facebook.com/scalingretail LinkedIn: https://www.linkedin.com/company/nyc-retail-consultant
Views: 735 Scaling Retail
What Do I Charge- Find Your Product Pricing Sweet Spot
 
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C'mon over to http://marieforleo.com/2012/03/how-much-to-charge where the main discussion happens after the episode! "What do I charge?" is a question I hear ALL the time and in this video, learn how to determine the right price for your product or service. First, learn about product positioning within your busines. Then I'll show you why it's important to consider big picture positioning too. You'll also learn why it's important that you quantify the results you are promising to your customer by figuring out how the result will translate into more time, money, love, health, etc. for your customer. By following these simple tips you can put the right price on almost anything and finally tackle that burning question of exactly how to price things. If you enjoyed this video, sign up for your free weekly business and life advice at http://www.marieforleo.com. And if you're interested in more videos on how to be a star in your industry, check out our YouTube playlist on that exact topic here: http://www.youtube.com/user/marieforleo#grid/user/B4AFA6FF4D36CEE0 Thanks for watching! http://marieforleo.com/2012/03/how-much-to-charge/ Our channel: http://www.youtube.com/marieforleo
Views: 100262 Marie Forleo
Pricing:-  meaning,objective, methods and strategy in hindi
 
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Thank you friends to support me Plz share subscribe and comment on my channel and Connect me through Instagram:- Chanchalb1996 Gmail:- [email protected] Facebook page :- https://m.facebook.com/Only-for-commerce-student-366734273750227/ Unaccademy download link :- https://unacademy.app.link/bfElTw3WcS Unaccademy profile link :- https://unacademy.com/user/chanchalb1996 Telegram link :- https://t.me/joinchat/AAAAAEu9rP9ahCScbT_mMA
Views: 38256 study with chanchal
Crafting Boss Product Pricing Calculator
 
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https://www.craftingboss.com/pricing-calculator/ How should you price your crafts to sell? Are you charging too much, or too little for your crafts? HOW would you know?? With my FREE craft pricing calculator you can easily price your crafts to sell in-person, on Etsy, in your Shopify store, and more! In this quick video I'll walk you through using my pricing calculator, and give you some simple tips on how to price your crafts so that you can actually cover your costs and make some profits! For more great tools, workshops, and advice make sure you VISIT our website, JOIN our private Facebook group "Become a Crafting Boss" and LIKE our Facebook Page.
Views: 3216 Crafting Boss
Food Product Cost & Pricing Tutorial
 
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Step-by-step directions on how to use the Small Food Business Food Product Cost & Pricing Spreadsheet tool to determine accurate product costs and create a profitable multi-channel pricing strategy.
Views: 213558 Small Food Business
How to calculate the Cost of product
 
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Let's Make Your Business Digital With Lapaas. Join Our Most Advanced Digital Marketing Course. That will cover 23 Modules of Business And Digital Marketing like SEO, SEM, Email Marketing, Social Media Marketing, Affiliate Marketing , Digital Identity Creation, blogging, advanced analytics, blogging, video production, Photoshop, business Knowhow, etc To Know More Call +919540065704 or Visit https://lapaas.com/ Lapaas - Best Digital Marketing Institute 455 Shahbad Daulatpur, Delhi-110042 Nearest Metro Station Samaypur Badli Or Rithala How much a product cost for a manufacturer? What should be the MRP for the product? To answer these questions several factors need to be concerned. Total cost = Fixed cost + Variable cost So what comes under fixed cost? It involves wages of the employees, rent of the factory,interest expense,stc. Variable cost involves extra hourly wages of employees, operation cost,raw materials,packaging,etc. So the total cost can be calculated by adding fixed and variable cost. Watch this video to learn more. Share, Support, Subscribe!!! Youtube: https://www.youtube.com/IntellectualIndies Twitter: https://twitter.com/Intellectualins Facebook: https://www.facebook.com/IntellectualIndies Facebook Myself: https://www.facebook.com/princesahilkhanna Instagram: https://www.instagram.com/intellectualindies/ Website: sahilkhanna.in About : Intellectual Indies is a YouTube Channel, Intellectual Indies is all about improving Mentally, Emotionally, Psychologically, Spiritually & Physically.
Views: 33207 Intellectual Indies
Psychological Pricing — What To Look Out For When Pricing Your Product | #317
 
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In today's episode I talk about psychological pricing and explain what you should look out for when you're pricing your product.
Views: 2483 Till Boadella
Pricing Strategies Series - How to Price Your Product or Service - Sales Training Course (1/10)
 
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Pricing Strategies Series - Introduction on How Much to Charge for Your Product or Service by sales trainer and motivation speaker Victor Antonio. In this video, get an overview of the different types of pricing strategies to use and why pricing is important to your profitability. -- More information at: http://www.VictorAntonio.com or http://www.SellingerGroup.com -- About Victor Antonio Author,sales trainer and motivational speaker Victor Antonio is proof that the American dream of success is alive and well.  A poor upbringing from one of the roughest areas of Chicago didn't stop Victor from earning a B.S. Electrical Engineering, an MBA and building a 20 year career as a top sales executive and becoming CEO of a high-tech company.  Prior to being CEO he was President of Global Sales and Marketing for a $420M company and Vice President of International Sales in a Fortune 500 $3B corporation at the time. He has shared his story of success in Europe, Asia, Australia, Latin America, The Caribbean, Saudi Arabia, South Africa, United Emirates and The Middle East. Victor has shared the big stage with some of the top business speakers in the nation including: Rudy Giuliani, Zig Ziglar, Dr. Robert Schuller, Paul Otellini (CEO of Intel), John May (CEO of FedEx Kinkos) and many other top business speakers. Victor is a proven communicator and motivator! http://www.youtube.com/watch?v=5IVpbmorLfE He has shared the stage with: Business Leaders: Paul Otellini, CEO of Intel Rudi Giuliani, Mayor, NYC John May, CEO of FedEx-Kinkos Great Speakers: Dr. Robert Schuller Martin luther King Jr III Zig Ziglar, Sales Motivational Speaker Celebrities Hill Harper, Author and Actor Keegan Michael Key, Show "Key and Peele" Haaz Sleiman, Actor, Star of Show: The Victim Russell Simmons, Author, Entrepreneur
Views: 35237 Victor Antonio
Pricing Strategies For Marketing Your Product Or Service
 
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FREE COURSE To Start Your Online Business: http://projectlifemastery.com/free-course In this video, Stefan shares with you some pricing strategies for marketing your product or service. People often ask Stefan how much they should charge for a service that they are offering. His answer to that question is always, “What are people willing to pay? What is the demand for your product or service”? The demand is based on a lot of different factors, but primarily it is determined by the perceived value of your product or service. Renowned business trainer, Kate Zabriskie once said, "Your customers' perceptions are your reality". No matter how amazing you think your product or service is, your success depends, in part, on how effectively you are able to respond to the ever-changing needs of your target market. ★☆★ VIEW THE BLOG POST: ★☆★ http://projectlifemastery.com/pricing-strategies-for-marketing-your-product-or-service/ ★☆★ SUBSCRIBE TO ME ON YOUTUBE: ★☆★ Subscribe ► http://projectlifemastery.com/youtube ★☆★ FOLLOW ME BELOW: ★☆★ Blog ► http://www.projectlifemastery.com Twitter ► http://www.projectlifemastery.com/twitter Twitter ► http://www.twitter.com/stefanjames23 Facebook ► http://www.projectlifemastery.com/facebook Facebook ► http://www.facebook.com/stefanjames23 Instagram ► http://projectlifemastery.com/instagram Instagram ► http://www.instagram.com/stefanjames23 Snapchat ► http://projectlifemastery.com/snapchat Periscope ► http://projectlifemastery.com/periscope iTunes Podcast ► http://www.projectlifemastery.com/itunes ★☆★ MY PRODUCTS & COURSES: ★☆★ Morning Ritual Mastery ► http://www.morningritualmastery.com Affiliate Marketing Mastery ► http://www.affiliatemarketingmastery.com Kindle Money Mastery ► http://www.kmoneymastery.com 24 Hour Book ► http://www.24hourbook.com Kindle Optimizer ► http://www.koptimizer.com ★☆★ WANT TO BE COACHED BY ME? ★☆★ You can apply for my 1-on-1 and group coaching programs here: http://projectlifemastery.com/coaching ★☆★ RECOMMENDED RESOURCES: ★☆★ http://www.projectlifemastery.com/resources If you found this video valuable, give it a like. If you know someone who needs to see it, share it. Leave a comment below with your thoughts. Add it to a playlist if you want to watch it later.
Views: 3521 Project Life Mastery
Pricing Strategy: How to Price Your Product (in Retail, SaaS, Amazon)
 
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There is a DUMB pricing mistake that I see entrepreneurs often make when creating their product pricing strategy? I have made that mistake as well. In this video we are going to talk about how that mistake could be costing your thousands of dollars and How to Fix it. So you can learn from my mistakes. When Williams-Sonoma first introduced a home bread making machine for $275, sales were almost non-existent. But rather than abandon the product, the company brought in a marketing research firm which suggested they introduce a slightly better model that was priced a whopping 50% higher than the $275 model ~ $415 Amazingly, once the higher-priced machine was introduced, sales of the $275 model began to take off. What happened here? People who didn’t knew much about bread making didn’t knew how much that machine should cost to begin with. But providing 2 options, consumers were able to compare it with $415 and $275 and people picked $275 because psychologically it appeared to be “relatively better deal”. So, when creating your product pricing strategy, always remember two things: 1. Have multiple pricing tiers and use 1 tier just for making the other tier's more enticing. 2. Put the Highest tier first, so that Anchoring effect takes in to place and rest of the pricing appears comparatively cheaper to the user. If you have other pricing strategies, please do share in the comments so we all can learn from each other. thank you for your time -V
Views: 197 vishal kalia
Product Mix Pricing Strategy in URDU/HINDI
 
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HERE ARE THE LINKS FOR MY ALL VIDEOS YOU MAY LIKE  Links for; MOTIVATIONAL videos (40 + videos) https://www.youtube.com/watch?v=WM3Upd0MeDg&index=19&list=PLU-cxjF-s0HmnD_TYqmkb6VBL6AusSB_Y RESEARCH & THESIS Writing (6 videos) https://www.youtube.com/watch?v=ib7yYggOgpA&t=308s&list=PLU-cxjF-s0HlVJnf2dev1KtoAD3ZljWVg&index=3 OLIGOPOLY & GAME THEORY ( 6 videos) https://www.youtube.com/playlist?list=PLU-cxjF-s0HnlCialpcyfz0O8xminDXja Basics of ECONOMICS; Micro & Macro (25 + videos) https://www.youtube.com/playlist?list=PLU-cxjF-s0HngkQ9xdQ5waYtpEO2MkP-D ECONOMETRICS; An introduction (20 + videos) https://www.youtube.com/watch?v=WNf1DLTRlTo&index=7&list=PLU-cxjF-s0Hk0DOXPqauiHBfRgaFpqYxK&t=0s Principles of MARKETING ( 10+ videos) https://www.youtube.com/watch?v=mCAogfEz6bs&t=0s&list=PLU-cxjF-s0HlgTwSl9Xk3bx5z8q7kOD6F&index=12 Management; HRM & STRATEGIC MANAGEMENT ( 6 videos) https://www.youtube.com/watch?v=uO3azOb2icE&t=314s&list=PLU-cxjF-s0Hml7o706eKofZ7D4bXIcJwH&index=6 ========= About KOKAB MANZOOR ========= Kokab Manzoor is Certified Trainer, Speaker & Career Counsellor. He has trained thousands of students & Professionals about Leadership & Management skills, Motivation, Personality Grooming, Career selection and about variety of other life skills. Has a sound understanding of needed traits for workplace success and a strong ability to train employees in improving those characteristics. Follow me www.Youtube.com/kokabmanzoor www.Facebook.com/kokabmanzoor19 [email protected] http://kokabmanzoor1.blogspot.com/
Views: 2249 Kokab Manzoor
Drop Shipping Mistake #1 - Pricing Your Dropshipping Product
 
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• Setup your own dropshipping store with Shopify HERE: https://goo.gl/1CuQmC (2-week free trial) I'll be explaining 7 AliExpress dropshipping mistakes that I made in my first attempt at drop shipping, across 7 daily videos. I chose a AliExpress dropshipping product with a retail price that was too low. I had previously explained that a dropshipping product should be selling on your store at between $50-$200. I chose a product that I would sell at $14.99. This price was far too low and significantly reduced my potential total profit amount. The low profit amount also meant that any marketing costs that I spent to drive potential customers to my AliExpress dropshipping store had a significant impact on my final overall profits, and almost made the costs of marketing not worthwhile. All 7 Mistakes I Made With AliExpress Dropshipping: https://www.youtube.com/playlist?list=PLXE2mk0omPu5W6hzKBilrkBFcQwB54LeZ How To Choose A Profitable Dropshipping Product: https://www.youtube.com/watch?v=OBHf0aq7X_A How To Increase Dropshipping Sales: https://www.youtube.com/watch?v=aPqxvWPgACg My First Week Of Dropshipping: https://www.youtube.com/watch?v=ZEBfrQiHNi8 Remember to SUBSCRIBE to the channel for updates on my online business projects, so that you can to learn from my attempts at success :)
Pricing Your Product
 
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http://www.dotcomsecrets.com/blog/ || Tom Rich, VP of Marketing for DotCom Secrets and Russell Brunson shares priceless strategies on pricing your product for maximum profitability.
Views: 98725 brentcoppieters
Pricing your product
 
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I describe a method to price your product that is a very simplified version of how I price parts at my day job as an estimator for a metal stamping plant. You can download the spreadsheet here: https://drive.google.com/file/d/10lEfqGx8m5x1NDAsbtOe4kq8gDT0AFcx/view?usp=sharing How to contact me: --------------------------------------------------------------------------------- Lost River Wood Shop P.O. Box 843 Mitchell, IN 47446 Email: [email protected] Facebook: http://fb.me/lostriverwoodshop Instagram: lost_river_wood_shop
Views: 3628 Lost River Wood Shop
Mod-04 Lec-38 Product Pricing
 
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Managerial Economics by Dr. Trupti Mishra, Department of Management,IIT Bombay.For more details on NPTEL visit http://nptel.ac.in
Views: 1547 nptelhrd
Pricing Your Agricultural Product
 
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Pricing your product can be difficult. You want to ensure you make a profit on each sale. This video will help you understand some of the complexities of setting a profitable price. Link to factsheet Methods to Price Your Products Agdex 845-2
Pricing Strategies - How To Price Your Product or Service
 
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DOWNLOAD MY FREE PRICING MODEL GUIDE: http://bit.ly/pricingmodelguide This week's episode of the Profit With Style show is all about how to price your product or service so you choose the right pricing model that will generate profitable sales. An effective pricing strategy will not only help you sell your products or services in the short-term, but will also increase your profitability over the long-term. Watch this video if you want to learn how to: ** Meet or exceed your revenue goals ** Remain competitive in your market ** Offer quality products at a good price. Comment below to share how did you come up with your price for your product or service. DOWNLOAD: Pricing Model Guide here: http://bit.ly/pricingmodelguide Say hi on other social medias: Facebook: https://www.facebook.com/angelcoleman101 Instagram: http://www.instagram.com/angelcoleman101 Twitter: http://www.twitter.com/angelcoleman101 BONUS TIPS: (design) https://www.youtube.com/watch?v=RKXZ7t_RiOE (wholesale) https://www.youtube.com/watch?v=OigjoQuiz5o https://www.youtube.com/watch?v=Su0PaBtNmqM
Views: 215 Angel Coleman
How to Price Your Products on Shopify When Dropshipping (+Template) 🤑
 
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100% FREE Dropshipping eBook (Today Only) https://kirkbuchanan.net/guide/ How to Price Your Products on Shopify When Dropshipping (+Template) This video will show you How to Price Your Products on Shopify When Dropshipping. There’s a lot of misleading information on the internet where that’s concerned so I decided to straighten it all out for you. Underpricing is just as bad as over pricing. Read this book If you're serious about eCommerce. E-commerce Evolved by Tanner Larsson - http://amzn.to/2wcH75Z Here’s the Pricing Template - http://bit.ly/FreePricingTemplate 💡The SHOPIFY Dropshipping Course I Recommend: http://bit.ly/UdemyShopify Watch this video: How to Find Top Instagram Influencers for FREE - https://youtu.be/bgzW1OBtjg0 Start your own Shopify store here FREE for 2 Weeks https://goo.gl/ikKnf5 Support the channel by shopping some of our "hustle" merchandise here - https://goo.gl/5ZvM8o Subscribe for more tips and tricks - https://goo.gl/3dMYmw Video Editing Software - Sony Vegas Pro http://amzn.to/2xnGzJi Must-Have Chrome Extensions for Aliexpress Dropshipping (Click And Install Them All) Grammarly: https://gram.ly/FJH7 Ebates: https://goo.gl/nsR47d Google Link Shortener: https://goo.gl/6I7Omn Google Keep: https://goo.gl/iTv6tr Image Downloader: https://goo.gl/g9VuhU *Connect With Me on Social Media* ✔Facebook Fan Page: https://goo.gl/Vkm5h1 ✔Facebook Mastermind Group: https://goo.gl/3WSEV9 -~-~~-~~~-~~-~- Please watch: "My Newest and My Best Videos Here" https://www.youtube.com/playlist?list=UUziarjfPOzaUp9-2hQ2N-sw -~-~~-~~~-~~-~-
Views: 10543 Kirk Buchanan
Pricing Strategy: Positioning and How to Price Your Product
 
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http://MarketingPathfinders.com Pricing Strategy: Positioning and How to Price Your Product - Learn the importance of positioning and how to price a product or service. Start your pricing strategies with positioning insights and not conversations about pricing models such as "cost plus" or "penetration pricing" and so forth.
How Cost of Quality Affects Product Pricing
 
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Behind the scenes of every purchase is the cost of quality. While a price can affect your perception of a product's quality, it also represents your perception of the organization that produced it. This is because quality has a key role in determinin
Views: 1208 ASQ
What is JOINT PRODUCT PRICING? What does JOINT PRODUCT PRICING mean?
 
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What is JOINT PRODUCT PRICING? What does JOINT PRODUCT PRICING mean? In microeconomics, joint product pricing is the firm's problem of choosing prices for joint products, which are two or more products produced from the same process or operation, each considered to be of value. Pricing for joint products is more complex than pricing for a single product. To begin with, there are two demand curves. The characteristics of each could be different. Demand for one product could be greater than for the other. Consumers of one product could be more price elastic than consumers of the other (and therefore more sensitive to changes in the product's price). To complicate things further, both products, because they are produced jointly, share a common marginal cost curve. There are also complexities in the production function. Their production could be linked in the sense that they are bi-products (referred to as complements in production) or in the sense that they can be produced by the same inputs (referred to as substitutes in production). Further, production of the joint product could be in fixed proportions or in variable proportions. When setting prices in such a complex situation, microeconomic marginal analysis is helpful. In a simple case of a single product, the price is set at that quantity demanded where the marginal cost equals the marginal revenue. This is what is done when joint products are produced in variable proportions. Each product is treated separately. It might even be possible to construct separate cost functions. In the diagram below, to determine optimal pricing for joint products produced in variable proportions, one finds the intersection point of marginal revenue (product A) with the joint marginal cost curve. That quantity is then extended up to the demand curve for product A, which yields the profit-maximizing price for product A (point Pa in the diagram). The same is done for product B, yielding price point Pb1. If the products are produced in fixed proportions (e.g., cow hides and cow steaks), then one of the products will likely be produced in quantities different from the profit-maximizing amount considered separately. In fact, the profit-maximizing quantity and price of the second half of the joint product will be different from the profit-maximizing amount considered separately. In the diagram, product B is produced in greater amounts than the profit-maximizing amount considered separately and sold at a lower price (point Pb2) than the profit-maximizing price considered separately (point Pb1). Although the price is lower and the output is higher, the marginal cost is also higher. Yet this is a profit-maximizing solution to this situation. The quantity of product B supplied is increased to the point where marginal revenue becomes zero (i.e., where the marginal revenue curve intersects the horizontal axis).
Views: 863 The Audiopedia
How to Sell Your Product or Service - Presenting Pricing or Proposals (Part 10 of 11)
 
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How to Sell Your Product or Service Sales Training Course. In this course, sales trainer and sales motivation expert Victor Antonio introduces you to a process to learn How to Sell. For more info go to http://www.VictorAntonio.com In this video, Victor walks through the process of how to sell more products or services using the right pricing proposals ---Get more Sales Training and Motivation Tips on Selling with Victor Antonio at http://www.SellingerGroup.com Bio: Sales Motivation speaker, trainer and author Victor Antonio is proof that the American dream of success is alive and well. A poor upbringing from one of the roughest areas of Chicago didn't stop Victor from earning a B.S. Electrical Engineering, an MBA and building a 20 year career as a top sales executive and becoming CEO of a multimillion dollar high-tech company. Prior to being CEO he was President of Global Sales and Marketing for a $420M company. He was tasked with building a global sales force, establishing contract agreements, developing financial pricing models and in charge of developing the corporate brand and marketing the company's services for worldwide acceptance. Before that he was Vice President of International Sales in a Fortune 500 $3B corporation at the time. Within a two and half year time period he grew their business from $14M to $98M in annual revenue. During that time period his sales totals were $162M and was selected from over 500 sales managers to join the President's Advisory Council for excellence in sales and management. International: His success in sales and management also helped him establish channels internationally. He has conducted business in Europe, Asia, Saudi Arabia, Australia, Latin America, Middle East, United Arab Emirates and South Africa. How to Sell Your Product or Service online Sales Training Course.
Views: 71156 Victor Antonio
Product Mix Pricing
 
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Views: 457 Karen Robson
Pricing of a New Product
 
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Pricing of a New Product
Views: 1041 ignousoet
Optional product pricing - explained
 
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Optional product pricing is defined as the pricing of optional or accessory products along with a main core product offering. This pricing method allows companies to present a low base price that is capable of attracting customers while maintaining the possibility of generating high customer revenues by selling costly add-ons later. Examples: Airline industry, Car Industry and Mobile Phone Plans Created at http://www.b2bwhiteboard.com
Views: 2329 B2Bwhiteboard
How To Add Variable Pricing Product Options In WooCommerce
 
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In this video I show you how to add variable pricing for your projects in WooCommerce using the Gravity Forms Add-on. This useful for store owners that have products that have multiple options such as size, color, etc and the price adjust accordingly to the option. You will need to purchase both Gravity Forms and The Add-on. http://www.gravityforms.com - Gravity Forms http://www.woothemes.com/products/gravity-forms-add-ons/ Thanks to store owner for letting us use this in this tutorial: http://www.handmadetackle - Big Game Fishing Lures
Views: 47513 Michael Grimm
Optimizing Pricing and Profit for a New Product Using Conjoint Analysis and Excel
 
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This video shows you how to use the output from a SPSS Conjoint Analysis to determine (a) which new product combination, and (b) the optimal pricing of that new product, that will result in maximized profits. This video assumes you already have a basic familiarity with conjoint analysis and that you can run a conjoint analysis within SPSS. This video is about what you do AFTER you run the conjoint analysis. There are numerous assumptions made throughout the exercise to simplify the task. If you are ambitious and would like to apply this technique to a real world business problem, I would encourage you to contact me so that we can talk about appropriate assumptions for your particular business case.
Product Strategy: Improving Product Profitability and Pricing
 
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Greg Alexander, CEO of SBI, is joined by Lauri Hanover, CFO at Netafim to discuss product strategy, specifically product profitability and pricing strategies. http://bit.ly/GoSBI. 0:18 Show introduction 1:25 Defining the show’s topic, product profitability and pricing strategy 2:05 Determining the cost to build products 3:48 Calculating the cost associated with a marketing a product 4:35 Calculating the cost to sell and install your products 7:25 Calculating the costs needed to support the product 11:45 How to determine the price the market will pay for your product 13:20 How to determine the value your product brings to the customer 14:38 The concept of a good, better, best pricing strategy 16:35 Understanding your competitors pricing strategies 17:40 Increasing the product’s value proposition through price bundling 21:38 Show summary SBI TV Summary In first segment, we will discuss the key inputs to your pricing strategy. She will explain how to calculate the cost to build, market, sell, install, and support your product. In the next segment, we tackle the topic of pricing strategies. Lauri will walk us through determining the value of your product, and the pros and cons of various pricing strategies. In the final strategy, Lauri will provide our audience with 3 key actions our audience can take immediately to improve pricing and profitability. Ready to Make Your Number? We like to keep it simple here at SBI. If you want a copy of the workbook mentioned in this video, go to SalesBenchmarkIndex.com/2016-report to see the details of our six step revenue growth method, which covers market research, corporate strategy, product strategy, marketing strategy, sales strategy and talent strategy. If you want to have one of SBI’s seasoned sales and marketing consultants help you implement our revenue growth strategy in your organization, let us know at https://salesbenchmarkindex.com/contact-us/.
Views: 385 SBI TV
product mix pricing strategies
 
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This is the most easy and best notes about product mix pricing strategy for those who are marketing students .it will help you best to know the difficult and confused terminology within short period of time .i hope this notes will help you best.please don't forget to like , comment and subscribe this channel.
Views: 2138 Aimy Khan
Overview of Product Pricing Tools in Unleashed Software
 
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Reuben Sweeney provides us an overview of the five pricing differentiation tools available to us with Unleashed software. These are: 1. Customer Specific Pricing 2. Quantity Based Pricing 3. Dynamic Pricing 4. Sell Price Tiers 5. Default Sell Price Each of these pricing tools is covered in turn and their relationships explained. We cover each tool in greater depth in later lessons. Our industry-specific mastery courses take you through getting the most out of your Unleashed by providing the best practices, tips and reports for your industry. https://www.linkacademy.com/unleashed/ We'll answer any questions you have about Inventory Management, Manufacturing, Unleashed or Xero in the comments below. If you're rather ask us in person, follow the link below to book a time that suits you straight into our calendar: https://calendly.com/link-academy-team/i-have-a-quick-question
Views: 2446 Link Academy
Dynamic Pricing - Advanced product pricing
 
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Configure bulk discounts for each product in your store by creating a table of quantities and discount amounts. Choose from fixed price adjustments, percentage adjustments or set a fixed price for the product. Optionally choose roles the pricing rule should be applied for.
Views: 4648 WooCommerce