POPULARITY
Ready to uncover the secrets of strategic pricing and entrepreneurial resilience? Tune in for my inspiring chat with Natalie Freeman, where you'll learn how to price–and not price–your products.For creative minds grappling with pricing strategies, this episode is a goldmine. We'll take a look at some common pitfalls that many creative professionals face, such as underpricing and neglecting business fundamentals. We'll guide you through avoiding a pricing race to the bottom and developing a sustainable, holistic business strategy that ensures long-term success.And we've got practical steps to help you boost profitability, common pricing mistakes and explore effective discount strategies that align with broader marketing goals. This episode is packed with insights that will empower you to master the important art of pricing to build a thriving business.Send us a Text Message.Support the Show. Show Notes Apply to be featured on My Weekly Marketing!
054: The Most Powerful Connection Between Self-Love and Abundance
Science Of Pricing Your Products And Services To Supersize Your Business! Pop in here every day for a dose of different business building perspective: https://facebook.com/supersizebusiness #supersizeyourbusiness #supersizebusinessstrategy #scienceofpricing
Science Of Pricing Your Products And Services To Supersize Your Business! Pop in here every day for a dose of different business building perspective: https://facebook.com/supersizebusiness #supersizeyourbusiness #supersizebusinessstrategy #scienceofpricing
** Download your Margin Calculator here**Do you not feel confident when it comes to pricing your products or services?In today's episode, I'm sharing exactly how to confidently price your product, looking at:Perceived value vs actual priceWorking out your margins to make sure you're turning a profitLearning the hard way that you do not need to price your products or services to suit everyones budgetDrawing on my own experiences with The Everything Blanket, a luxury picnic blanket that I developed last year and sold 180 of on launch day, I'm sharing why I priced my picnic blanket at £145, how I dealt with negative comments around my pricing vs perceived value, and lastly, how you can learn from this success story.Don't forget to subscribe and leave a review if you enjoyed this episode. Thank you for tuning in to the Winging It Podcast!Want more? Find me and my businesses below elsewhere:YouTubeInstagramPartner in Wine Hosted on Acast. See acast.com/privacy for more information.
She's Just Getting Started - Building a business you truly love!
In today's episode, I help you end the pricing drama you may be suffering as you create your products, services & programs. READ THE SHOW NOTES HERE**FREE RESOURCES:**
Ever felt trapped by your own pricing models, or found yourself second-guessing the value you provide to your clients? It might be your ego talking!In today's episode, we're diving into profitable pricing and I'm spilling the tea. I've seen too many talented entrepreneurs get stuck in a cycle of undercharging and over-delivering, so we're cracking open the playbook on how to beat 'pricing paralysis' and price for profit every, single, time! Whether you're transitioning from hourly rates to value-based pricing, you need to define your pricing structure and simply understand how to communicate your pricing changes to your clients, I've got you covered. So, as we head into a brand new year, get ready to transform your pricing model! Join us for an episode packed with insights that will empower you to make strategic decisions that honour the value you deliver. Here's to making your business a magnet for money and success.And as promised, here's how to get access to my Profitable Pricing Formula for only $27, but be quick, the price returns to normal at the end of January 2024.Support the showThis episode is brought to you by Flossi Creative and Business Money Magnet, join NOW!Want 30 Ways to Save Money in your Business? Download the guide here.Need a business finance coach or want to get your pricing sorted? Book a Strategy Call NOW.Join the conversation Connect with Justine:InstagramFacebookLinkedInWebsiteDiscover the Secrets of Successful Business Facebook page Follow Justine on Instagram @flossifiles or @secretsofsuccessfulbusiness Host: Justine McLean – Flossi CreativeProducer: Leah Stanistreet – ...
If you do it wrong, you could be leaving a lot of money on the table. Steve Sipress, entrepreneur, marketing, advertising, sales, tips, ideas, help, wow, strategy, small business owner, direct response, tactics, success, profits, growth, results, marketing consultant, price, pricing,
In this week's episode of the 6 Figure Product Business Podcast I'm chatting it up with Christina Vanacore, Founder of The Product Doula. Wedive deep into the critical topic of "Launch Mistakes at the Manufacturing Stage." We explore the common pitfalls that businesses encounter during product development and manufacturing, shedding light on how to avoid these costly errors. Our expert guest, Christina, shares her invaluable insights on establishing robust quality control systems to ensure your product meets the highest standards. Additionally, she unveils her formula for pricing products for profit, offering listeners essential tips and strategies for setting prices that not only cover costs but also maximize profitability. Whether you're a seasoned entrepreneur or just starting, this episode provides indispensable guidance on successfully navigating the manufacturing and pricing aspects of your business. Follow Christina https://www.theproductdoula.com | www.instagram.com/theproductdoula WORK WITH ME https://www.kerriefitzgerald.com/services Join Waitlist For Cultish Product A 3-month intimate mastermind program to help established product-based brands reach cult-like status, increased visibility, more sales & gain die-hard loyal customers without an ounce of social media. 1:1 coaching, guest experts, group calls and more. Learn More Sign up for email marketing society Let's make writing emails for your business quick & easy. A template-based membership where you receive access to a brand new *plug-and-play* email template/swipe copy each week, dozens of other pre-written emails and sequences, and other great resources such as customizable graphics to insert into your emails, $10/ a month! Join E-Commerce Society Coaching, Community & MARKETING Membership For Female Product-Based & E-commerce Business Owners $99/month Free Guides & Resources For The Win: {Free Private Podcast} Create Your Cult Like Brand “Private Podcast” An 8-part audio series that walks you through how to create your cult brand Sign Up {Free Download} 10 Must Have Emails You Need To Send To Your List Sign Up {Free Video Training} 4 PROVEN WAYS TO GROW YOUR E-COMMERCE SALES {without using ads, making Instagram Reels or dancing on Tiktok} Sign Up {Free Download} Increase Your Website Conversion Sign Up Let's Be Friends Follow Kerrie on Instagram Follow The 6 Figure Product Business Podcast on Instagram www.kerriefitzgerald.com
Whether you're an experienced boutique owner or just a beginner, this episode may have you rethink your old pricing ways. This Season 2 solo still resonates, and in it I go over some important topics such as turn rates, how to rethink markdowns, and why your pricing is unique to your business. We want you to be able to capitalize on all the hard work and effort you've been putting into your business, that is why the strategy behind your pricing is so important! I so hope you enjoy this bonus episode From The Vault. It's one that is definitely worth hearing again — and taking notes! For show notes and resources, see links below or click here. First released August 2019. Resources: The Boutique Hub: Website | Facebook | Instagram | Pinterest | TikTok | YouTube Ashley Alderson: Instagram 2024 Boutique Boss Planner Pink Friday Holiday Marketing Masterclass Boutique Summit 2024 Boutique Hub Black Hubventory.com
Miriam Schulman is an artist and founder of The Inspiration Place, where she helps other artists learn how to profit from their passion or become better artists. She's helped thousands of artists around the world develop their skill sets and create more time and freedom to do what they love. What problem do you solve? Miriam is going to talk with us about pricing. Show Notes: Miriam believes email marketing is better than social media marketing. Instagram engagement was 1% several years ago and now it has dropped to 0.6%. The engagement rate of influencers is 1.2% Open rate on email averages 24%. This means you have to have 4000 people on Instagram compared to 100 on email. Romance your buyers. Don't just hand out your business cards. You need to gather their contact information and then stay in touch. When someone asks for your card, it is your opportunity to ask for their contact information to send them your freebie or lead magnet. Prestige pricing vs. charm pricing. Prestige pricing is usually used more with higher dollar, higher quality items or services. Passion to profit framework: Every business is producing something. Does what your producing make sense. If people aren't valuing the product you may need to package it or present it differently. You also need to look at your pricing to make sure you are charging appropriately. People also enjoy spending money on something that is exclusive. It gives them a dopamine release. Miriam's book is Artpreneur: How to Build a Creative Business Miriam Schulman's Best Small Business Tip: Keep taking action. Keep putting one foot in front of the other. Connect with Miriam Schulman: Website: schulmanart.com Free chapter of Miriam's book: SchulmanArt.com/believe Facebook Instagram LinkedIn Clarity Navigator Discovery Session – Sign Up HERE Learn more about Gary's Mastermind group at goascend.biz/the-mastermind-solution
This episode originally aired on The Australian Business Podcast with Owen Rask last month. Emma Edwards from The Broke Generation breaks down some of the most important emotional aspects of running a business, including how to overcome imposter syndrome, invest for growth confidently, price your products and services properly, celebrate your wins, and build an online brand that people love.
Clay Clark Testimonials | "Clay Clark Has Helped Us to Grow from 2 Locations to Now 6 Locations. Clay Has Done a Great Job Helping Us to Navigate Anything That Has to Do with Running the Business, Building the System, the Workflows, to Buy Property." - Charles Colaw (Learn More Charles Colaw and Colaw Fitness Today HERE: www.ColawFitness.com) See the Thousands of Success Stories and Millionaires That Clay Clark Has Coached to Success HERE: https://www.thrivetimeshow.com/testimonials/ Learn More About Attending the Highest Rated and Most Reviewed Business Workshops On the Planet Hosted by Clay Clark In Tulsa, Oklahoma HERE: https://www.thrivetimeshow.com/business-conferences/ Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire See Thousands of Actual Client Success Stories from Real Clay Clark Clients Today HERE: https://www.thrivetimeshow.com/testimonials/
Clay Clark Testimonials | "Clay Clark Has Helped Us to Grow from 2 Locations to Now 6 Locations. Clay Has Done a Great Job Helping Us to Navigate Anything That Has to Do with Running the Business, Building the System, the Workflows, to Buy Property." - Charles Colaw (Learn More Charles Colaw and Colaw Fitness Today HERE: www.ColawFitness.com) See the Thousands of Success Stories and Millionaires That Clay Clark Has Coached to Success HERE: https://www.thrivetimeshow.com/testimonials/ Learn More About Attending the Highest Rated and Most Reviewed Business Workshops On the Planet Hosted by Clay Clark In Tulsa, Oklahoma HERE: https://www.thrivetimeshow.com/business-conferences/ Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire See Thousands of Actual Client Success Stories from Real Clay Clark Clients Today HERE: https://www.thrivetimeshow.com/testimonials/
When I hit record on the first episode of this podcast back in March 2021, I recorded an episode called Pricing – Get it right and make more money in your business. It's still one of my most popular episodes.And with everything going on in business right now, I thought it was about time I jumped in and updated that episode with my 2023 tips around the subject. I've been working with business owners for many, many years now and one of the things that every business owner struggles with is pricing, let alone creating the perfect pricing for their business.But here's my secret, pricing is my superpower, I always say, give me 90 minutes, your business numbers and tell me what success means to you and we'll craft your perfect prices, or at the very least, I'll share with you where you need to price your product or service to get the results you want.Is it time you made more money in your business? Join the Business Money Formula waitlist now.You can also join us for the Better Business Challenge - 10am AEST 2 to 4 May 2023 - Here's the link to register.This episode is brought to you by Flossi Creative.Freaked out by your business finances? Frantic when it comes to end of quarter compliance, tax time got you in a cold sweat? If you can relate, you're not alone. Most business owners find the financial side of their business overwhelming, confusing and probably on the, never to do list.When I started my first business, I felt exactly the same way. However, I quickly realised the impact good financial management made to every part of my business. So, over the last 20 plus years, I've focussed on the finance, become a registered BAS agent, worked in insolvency and now I work with other business owners on building financially strong and successful businesses. From bookkeeping and compliance services to 1:1 coaching and mentoring, workshops, online courses and my signature service the pricing formula, here at Flossi Creative, we've got you covered. So if your business finance makes you feel, blah, reach out, book in for a discSupport the showThis episode is brought to you by Flossi Creative and Business Money Formula, join the waitlist NOW!Want 30 Ways to Save Money in your Business? Download the guide here.Need a business finance coach or want to get your pricing sorted? Book a Strategy Call NOW.Join the conversation Connect with Justine:InstagramFacebookLinkedInWebsiteDiscover the Secrets of Successful Business Facebook page Follow Justine on Instagram @flossifiles or @secretsofsuccessfulbusiness Host: Justine McLean – Flossi CreativeProducer: Leah Stanistreet ...
Pricing plays a huge part in driving sales. How can pricing impact your sales? I go into how to price your products so you can make money, ideas for ways to use discounts to increase sales. how do you price your products to allow for future growth in this episode? Sponsored by Toof.ai For all the BEST in AI content Creation try www.Toof.ai to write product descriptions and optimize for SEO! Trust me you'll save HOURS! Pricing Your Products on Etsy: * Determine the cost of materials and production * Conduct market research to understand the prices of similar products on Etsy * Set prices that reflect the value of your products and are competitive with other sellers * Consider the cost of shipping, handling, and other costs when pricing your products * Experiment with different prices to find what works best for your products and customers * Pricing your products correctly is a crucial component of success on Etsy * By understanding the costs of your materials and production, conducting market research, and setting prices that reflect the value of your products, you can maximize your profits and reach your full potential on Etsy Thank you for tuning in to the Etsy Success Secrets podcast Follow me on Instagram www.instagram.com/shashaffer
Hey biz owners! On today's episode of Your Sparkly Brand, we're talking all about signature offers. You'll discover what a signature offer is and get a step-by-step process for creating a signature offer targeted at delivering amazing results to your clients. We're also explaining the things you need to know about setting prices for your offers and showing up consistently. Key points in this episode… Meg has a return client for a branding project. Lauren challenges herself this week to show up for all the coaching courses and programs she's currently enrolled in. Signature offer is your unique method, process, or way of working with clients to deliver amazing results. It works for service based businesses. Why you need a signature offer. Steps to creating a signature offer. Determine your unique selling point (USP). Know your customer. Know your process. Name your signature offer. Your signature offer includes the whole package that makes it irresistible. Remove the risks for the buyer. Money-back guarantee might be considered. Include revisions. Determine your pricing. Put out your offer. Don't give up. LINK WE MENTIONED The Psychology of Pricing Your Products & Services (Episode 33 of Your Sparkly Brand): https://spotifyanchor-web.app.link/e/nXyak3lEexb Did you enjoy this episode? If so, please leave us a 5-star rating! Ratings & reviews will help this podcast grow so we can make the world a little more Sparkly! LET'S CONNECT Is there a topic you'd like us to cover in an upcoming episode? Are you a business owner who wants to join us on the podcast to share your story? Send us an email at yoursparklybrand@gmail.com to get in touch. Find Lauren at laurentassiagency.com or on Instagram Connect with Megan at megangersch.com, on TikTok, and Instagram
Does the thought of raising your prices make you want to be sick? Feel you just can't raise your prices? You might be surprised to learn that you could be costing yourself thousands of dollars of profit each year due to making an emotional decision on your prices vs what the market will actually pay. _______________________________
In 2015, I was an invited guest on the Small Business Tips Show. The host of the show, Frank Thomas, brought me in to share my three decades of marketing experience with his listeners. In the episode, we discussed how to determine your pricing strategy. This evergreen information is as valid today as it was then. Please enjoy. For more tips, check out my website: https://agapimarketing.com. You can also catch my videos on the Agapi YouTube channel, like Agapi on Facebook, or follow on Twitter.
People buy for all kinds of reasons other than price. And yet so many marketers waste their efforts on appealing to low-price buyers. Tune in to learn the best strategies for pricing your products and getting away with charging more.
People buy for all kinds of reasons other than price. And yet so many marketers waste their efforts on appealing to low-price buyers. Tune in to learn the best strategies for pricing your products and getting away with charging more.
On this special podcast-only edition of the Thrivetime Show we are answering a question from a Thrive client with Clay Clark and Dr Z about how to price your product or services.
Join Scott as he chats with Chad Rubin of Profasee on how you can maximize your profit through dynamic pricing.profasee.com
If you have a great line of products but don't optimize, price and package them strategically, you are leaving money on the table. The truth is, 10% of your customers are willing to pay you 10 times more money if you had the right product or package for them. Every company should think through having an entry-level product, a mid-level product, and an elite-level product for customers with different needs (and pocketbooks!). In today's coaching conversation, Donald Miller talks with Dr. Tarun "T-Bone" Agarwal, Owner of 3D Dentists, an educational service helping dentists run a successful dental practice by simplifying both the business and clinical sides of dentistry. Don helps T-Bone think through different tiers of products that could triple his revenue and help him reach his goal of having a wait list for his programs. Listen in to learn how optimizing as well as strategically pricing and packaging your products can help you skyrocket your own revenue! Find Dr. Tarun "T-Bone" Agarwal at 3D-Dentists.com. -- PRE-ORDER THE NEW BOOK HOW TO GROW YOUR SMALL BUSINESS AND GET A PROVEN 6-STEP PLAN FOR GROWTH: GrowYourSmallBusiness.com SUBMIT FOR YOUR CHANCE TO GET COACHED ON THE PODCAST: BusinessMadeSimple.com/Podcast GET YOUR CUSTOMIZED FLIGHT PLAN FOR GROWING YOUR BUSINESS: SmallBusinessFlightPlan.com FIND AND FOLLOW US ON INSTAGRAM: Instagram.com/BusinessMadeSimple
It's time to read the story within the numbers. Tune in to find out more! Episode Introduction: In this week's episode of Law Chat with Girija, we are joined by Shanna Skidmore who talks to us about all things money. She tells us how to determine our hourly prices as well as guides us on efficient product pricing. Episode Summary: Shanna walks us through her diverse experience in the finance world as well as her struggles with entrepreneurship. She shares a lot of tangible tips to help you do better with the finances in your business. Main Takeaways: Start your business with one niche and once your business starts to gain traction, branching out becomes easier. COGS - Cost of Goods Sold. Cost is made up of three factors: Material Cost Labor Cost Your Time When you completely understand why you charge what you charge, it's much easier to sell that pricing to a client. Wealth is not about how much money you make, it's about how you spend the money you make. Focus on the end goal and then figure out the route to get there. It doesn't have to be popular, it has to work for you. Resources: Where the Crawdads Sing by Delia Owens Find Shanna Skidmore: Website: https://shannaskidmore.com/ Facebook: https://www.facebook.com/shannaskidmore YouTube: https://www.youtube.com/channel/UCTMB8So9Q5H9ameE3HX679w Podcast: https://shannaskidmore.com/consider-the-wildflowers/ Get the visual experience, watch the videocast for the episode here: https://youtu.be/xrg2-zMS3m0 Connect With Girija: Website: https://www.gbplaw.com/ Instagram: https://www.instagram.com/gbplaw/ Facebook: https://www.facebook.com/GBPLaw/ Help us mentor other entrepreneurs through the power of storytelling by rating us and leaving a positive review on Apple Podcast: https://podcasts.apple.com/us/podcast/law-chat-with-girija/id1528580730 Get the FREE Five Day Legal Audit: https://yourcontractbuddy.com/5-day-free-legal-audit-challenge/ Join Law Chat for Entrepreneurs Free Facebook Community: https://www.facebook.com/groups/lawchat Get Ready To Use Contract Templates At: https://yourcontractbuddy.com/
This episode answers some of your most commonly asked questions about pricing. Discover: 02:12 What markup do retailers add? 08:19 Should you raise your prices if the cost of your fabric and manufacturing has increased? 13:06 Should you lower your prices if your customers only buy from you when you have a sale on? 17:36 How do you set your prices if you're making everything yourself? Mentioned in this EpisodeYouTube Live - Live Q&A: Pricing Your Products British Brand Accelerator - Find out how you can work with me to build your British-made brand Stay in Touch Make it British website Join Make it British - become a member of our community and promote your business in our directory or UK-made brands and manufacturers Make it British on Instagram Make it British on YouTube - subscribe to my YouTube channel to watch many of the podcast episodes as videos.
So many Product Bosses out there are working a full-time job in addition to running their product-based business—putting in all of the hours. But we don't think it's a stretch to say the goal is to take your side-hustle and make it full-time. We're going to share some of the success strategies you can use right now to go from side-hustle to full-time business that students of our Multi-Stream Machine program have used, as well as examples from our own lives. Our four strategies for going full-time are: Knowing how much you need to make to feel comfortable leaving your job, setting a timeline for hitting your goals, buying back your time with delegation and knowledge acquisition, and having a commitment to your goal. When you put all of these into place, what you get is a realistic plan for achieving your goals, the confidence to get it done, and an attitude that will allow you to take massive action towards making it a reality. Brought to you by the https://www.theproductboss.com/shop1in5?utm_source=podcast&utm_medium=podcast&utm_campaign=shop_1_in_5_pledge&utm_content=august_2_podcast (Shop 1 in 5™ Pledge)! Commit to making 1 in 5 of your purchases from a small business, whether online or offline. The https://www.theproductboss.com/shop1in5?utm_source=podcast&utm_medium=podcast&utm_campaign=shop_1_in_5_pledge&utm_content=august_2_podcast (Shop 1 in 5™ Pledge) is a way to make an impact together when (and where) it matters most. Join us and take the pledge today! Resources: No idea how to price your products? Just imagine what it would be like if you were 100% CONFIDENT in your pricing and could sell on ANY platform…without losing money or burning out. Pricing Your Products for Profit System is YOUR key to pricing your products correctly for multiple platforms so that you can take what you do from “expensive hobby” to profitable business. https://theproductboss.com/pricing (Grab Pricing Your Products For Profit System here!) Need help creating a marketing strategy for the 2022 holiday season that successfully resonates with your customers and gets you loyal customers that actually buy from you? Then grab our https://holidaycontentideas.com/101-holiday-2021 (101+ Content Ideas Beyond the Discount: 2022 Holiday Edition) to get content ideas for the ENTIRE holiday season! Connect: Website: https://www.theproductboss.com/ (theproductboss.com) Instagram: https://www.instagram.com/theproductboss/ (@theproductboss)
For this Small Biz Founders episode, Masterminder Sarah Gulfraz comes to us all the way from across the pond—that's England, FYI—where she runs Peacock Supplies as founder. Peacock Supplies offers party and gift supplies specializing in multicultural and multi faith celebrations. They sell both to stock international retailers, independent stockers around the world and direct to consumer. It's pretty common to see Christmas, Easter, and many of the predominant faith-based holidays represented and celebrated throughout the world, but for anyone who falls outside of that religion, they may not see their holidays represented at all—at least not with the same amount of energy and excitement. We talk about: Sarah's entrepreneurial influences, how her early work experiences shaped her for business, and where she gets her drive to always be innovating. Many of the best business ideas come from meeting a need that you have. Sarah wanted to address a problem she noticed when trying to get her kids as invested in her personal holidays as they were with the mainstream ones, and now she provides that to people around the world. Brought to you by the https://www.theproductboss.com/shop1in5?utm_source=podcast&utm_medium=podcast&utm_campaign=shop_1_in_5_pledge&utm_content=august_2_podcast (Shop 1 in 5™ Pledge)! Commit to making 1 in 5 of your purchases from a small business, whether online or offline. The https://www.theproductboss.com/shop1in5?utm_source=podcast&utm_medium=podcast&utm_campaign=shop_1_in_5_pledge&utm_content=august_2_podcast (Shop 1 in 5™ Pledge) is a way to make an impact together when (and where) it matters most. Join us and take the pledge today! Resources: https://www.peacocksupplies.com/ (peacocksupplies.com) Instagram: https://www.instagram.com/peacocksupplies/ (@peacocksupplies) No idea how to price your products? Just imagine what it would be like if you were 100% CONFIDENT in your pricing and could sell on ANY platform…without losing money or burning out. Pricing Your Products for Profit System is YOUR key to pricing your products correctly for multiple platforms so that you can take what you do from “expensive hobby” to profitable business. https://theproductboss.com/pricing (Grab Pricing Your Products For Profit System here!) Need help creating a marketing strategy for the 2022 holiday season that successfully resonates with your customers and gets you loyal customers that actually buy from you? Then grab our https://holidaycontentideas.com/101-holiday-2021 (101+ Content Ideas Beyond the Discount: 2022 Holiday Edition) to get content ideas for the ENTIRE holiday season! Connect: Website: https://www.theproductboss.com/ (theproductboss.com) Instagram: https://www.instagram.com/theproductboss/ (@theproductboss)
Profit is always an important part of your business. Without it, you may not be running a business at all. And while growth and scaling are great to focus on, when there's economic uncertainty—and periods of uncertainty are totally normal—profitability is going to take precedence over revenue. We're going to share three reasons why profit is more important than anything else right now, including: Why increasing profit can be easier than increasing revenue, how revenue is about doing more while profitability is about doing more with less, and why profit is necessary for making your business sustainable. We dive into these topics and more while helping you see ways you can look at your business and make more profit without having to work harder. And if you want to be a profitable business, check out our https://theproductboss.com/pricing (Pricing Your Products for Profit System). We want to help make you a profitable product-based business. Brought to you by the https://www.theproductboss.com/shop1in5?utm_source=podcast&utm_medium=podcast&utm_campaign=shop_1_in_5_pledge&utm_content=august_2_podcast (Shop 1 in 5™ Pledge)! Commit to making 1 in 5 of your purchases from a small business, whether online or offline. The https://www.theproductboss.com/shop1in5?utm_source=podcast&utm_medium=podcast&utm_campaign=shop_1_in_5_pledge&utm_content=august_2_podcast (Shop 1 in 5™ Pledge) is a way to make an impact together when (and where) it matters most. Join us and take the pledge today! Resources: No idea how to price your products? Just imagine what it would be like if you were 100% CONFIDENT in your pricing and could sell on ANY platform…without losing money or burning out. Pricing Your Products for Profit System is YOUR key to pricing your products correctly for multiple platforms so that you can take what you do from “expensive hobby” to profitable business. https://theproductboss.com/pricing (Grab Pricing Your Products For Profit System here!) Need help creating a marketing strategy for the 2022 holiday season that successfully resonates with your customers and gets you loyal customers that actually buy from you? Then grab our https://holidaycontentideas.com/101-holiday-2021 (101+ Content Ideas Beyond the Discount: 2022 Holiday Edition) to get content ideas for the ENTIRE holiday season! Connect: Website: https://www.theproductboss.com/ (theproductboss.com) Instagram: https://www.instagram.com/theproductboss/ (@theproductboss)
Danielle Beauregard is the CEO and founder of Fusion by Design Collars which sells, as she jokingly calls it, “bougie collars for dogs.” They craft high-end leather collars and leashes, many of them custom-made, and embellish them with Austrian crystals, leather carvings, and paint. She started her business purely by accident. After leaving her comfy corporate IT job to start a business in dog training, she began using her longtime hobby of leathercrafting to make collars for her dogs, and that quickly spread by word of mouth as she fulfilled individual orders until The Virus That Shall Not Be Named hit and service-based industries dried up. She quickly had to pivot into focusing on those dog collars and leveraging her existing network to make that her full-time job. You're going to hear Danielle give us the honest details about: How to pivot when life circumstances unexpectedly change, why you shouldn't do everything in your business even when you can do everything, and being open to new business models as your business grows. In just over two years, Danielle has turned something she did on the side into over a quarter million dollars in revenue. She got there through acting fast, using the skills she already had, and hiring—even when she felt like she could do everything herself. And now, with the help of the Mastermind, she's going to take her business to the next level. Brought to you by the https://www.theproductboss.com/shop1in5?utm_source=podcast&utm_medium=podcast&utm_campaign=shop_1_in_5_pledge&utm_content=august_2_podcast (Shop 1 in 5™ Pledge)! Commit to making 1 in 5 of your purchases from a small business, whether online or offline. The https://www.theproductboss.com/shop1in5?utm_source=podcast&utm_medium=podcast&utm_campaign=shop_1_in_5_pledge&utm_content=august_2_podcast (Shop 1 in 5™ Pledge) is a way to make an impact together when (and where) it matters most. Join us and take the pledge today! Resources: Learn more at https://fbdcollars.com/ (fbdcollars.com) Facebook: https://www.facebook.com/fusionbydesigncollars (facebook.com/fusionbydesigncollars) Fan Group: https://www.facebook.com/groups/fbdcollars (facebook.com/groups/fbdcollars) Instagram: https://www.instagram.com/fusionbydesigncollars/ (@fusionbydesigncollars) No idea how to price your products? Just imagine what it would be like if you were 100% CONFIDENT in your pricing and could sell on ANY platform…without losing money or burning out. Pricing Your Products for Profit System is YOUR key to pricing your products correctly for multiple platforms so that you can take what you do from “expensive hobby” to profitable business. https://theproductboss.com/pricing (Grab Pricing Your Products For Profit System here!) Need help creating a marketing strategy for the 2022 holiday season that successfully resonates with your customers and gets you loyal customers that actually buy from you? Then grab our https://holidaycontentideas.com/101-holiday-2021 (101+ Content Ideas Beyond the Discount: 2022 Holiday Edition) to get content ideas for the ENTIRE holiday season! Connect: Website: https://www.theproductboss.com/ (theproductboss.com) Instagram: https://www.instagram.com/theproductboss/ (@theproductboss)
In this mini episode, Simone talks about how you can quickly assess your profit to allow you to make smarter finance decisions in your business.If you're looking for best practices in cannabis accounting, make sure that you check out THC Finance Bootcamp (https://www.cbmnetwork.com/bundles/thc-bootcamp) which will give you access to tools, templates, and training on cannabis accounting.Connect with us on Instagram @cannabisbusinessminds @businesswithsimone.Have any feedback? Shoot us an email at simone@cannabisbusinessminds.com.Support the show
Why does it seem like so many customers are cheap? How do you build your business if everyone only wants the cheapest price they can get? There will always be folks that want the cheapest price, but that doesn't mean you need to be that business owner! YouTube Videos on P&L that Can Help:
How much should you charge for your products? Should you raise your hourly rate? What's a good price for an online course? In this episode of Your Sparkly Brand, we're answering these pricing questions and more. Talking about money and pricing can feel awkward A.F. But it doesn't have to! Understanding how your prices indicate value to your clients and customers is the first step to charging what you're worth. TIME-STAMPED SHOW NOTES 0:40 Meg's sparkly moment of the week. 2:35 Lauren's sparkly moment of the week. 4:00 It's ok if talking about money and pricing makes you uncomfortable! 5:05 Only YOU can set your prices. 6:00 Price reflects value to your customers. 7:25 Women tend to undercharge. 8:15 Your prices aren't set in stone. 8:50 Pricing for service providers. 9:20 Avoid charging for your time, instead create packages. 12:00 Pricing digital products and courses. 13:45 How to set prices for physical products. 15:00 Now go raise your prices! Did you enjoy this episode? If so, it would mean so much to us if you left a review. Reviews will help this podcast grow so we can make the world a little more Sparkly! LET'S CONNECT Is there a topic you'd like us to cover in an upcoming episode? Are you a business owner who wants to join us on the podcast to share your story? Send us an email at hello@yoursparklybrand.com to get in touch. Find Lauren at laurentassiagency.com or on Instagram Connect with Megan at megangersch.com, on TikTok, and Instagram
Sasha and Peewee talk about flipping thrift store, retail and garage sale items and all the bumps they experience along the way. Whether you're brand new to reselling or just looking to gain some additional knowledge, listen to Flips and Bumps and lets help each other make some money!This week: -Round number pricing-Dumpster diving/ Curb cannonballing-Reprice, Resell or recycle?-Garage Sale Talk! #GST-Flip or Bump of the Week-Question of the Week-And Much More!New episodes every Monday at FlipsAndBumps.com or wherever you get your podcasts from@FlipsAndBumps on Twitter and InstagramEmail us any questions or comments you have at FlipsAndBumpsPodcast@Gmail.com#goodwill , #goodwillfinds , #resellercommunity , #resell , #reseller , #flip , #flipper , #flipping , #savers , #thrift , #pawn , #pawnshop , #garagesale , #garagesales , #estatesale , #fleamarket , #fleamarkets , #auctions, #bolo , #ebay , #ebaysales , #ebayseller , #ebayreseller, #videogames, #ebayresellercommunity
Pricing Your Products for Growth and Tips for Selling B2B with Dillon Carter - Amazon Seller Tips Part 1
Pricing Your Products for Growth and Tips for Selling B2B with Dillon Carter - Amazon Seller Tips Part 2
They might not be "fun" topics when it comes to building a business but they're definitely important. So, we provide tips while hopefully making you laugh. Building a business isn't always sexy but it's worth it. We hope you find this perspective valuable and also enjoy the humor thrown in. Share this with some of your business besties and let's keep growing successful businesses together!Oh and we would LOVE to hear your win of the win....
In this week's episode, I sat down with Lauren Hutzel. She owns a small business called NomadKandi based out of Atlanta. We talk about determining your prices, wholesales, and lessons learned from a failed launch. We also talk about her journey of dropping out of school to pursue her business full time. We discuss what to do when someone steals your work and the fast fashion industry. Follow Lauren: https://www.instagram.com/lauren_hutzel/ https://www.instagram.com/nomadkandi/ Register for Content Creator Classes: partyperryy.com EDC Las Vegas Tickets: https://edclasvegas.frontgatetickets.com/?_ga=2.261142789.983666555.1632777902-465633326.1615503196/?utm_source=Promoters&utm_medium=partyperryy&utm_campaign=partyperryy Beyond Wonderland SOCAL Tickets: https://beyondsocal.frontgatetickets.com/?utm_source=Promoters&utm_medium=partyperryy&utm_campaign=partyperryy Follow us on Instagram: https://www.instagram.com/productivitymeetsparty/ https://www.instagram.com/partyperryy/ Intro Song By: https://open.spotify.com/artist/2eCMhisSAtYX5jjIeOvnlm?si=XB_bhMr2Q0al8LYG8qAPVg&nd=1 --- Send in a voice message: https://anchor.fm/productivitymeetsparty/message
Every step of the way leads you to where you are. As entrepreneurs, we sometimes question why we spent tons of money on college, spent years in corporate life, but everything we have done gave us the experience we have today!Angie Ringler, the founder of Tangie LLC, started her business based on curing an issue she was experiencing, sensitive skin. Angie Ringler is the founder of the environmentally-conscious business Tangie LLC, doing business as WasteFreeProducts.com. Her company is a carbon-neutral business, using only plant-based ingredients, and is certified cruelty-free with Leaping Bunny certification.What makes Angie a unique eco-warrior is a fact that she taught herself to discover solutions for her own personal health and skin issues. Through her resourcefulness and investigative spirit, she developed a unique manufacturing process that eliminated plastic bottles needed for liquid household cleaning and body products.We talk deeply about staying motivated when you believe you are the only person committed to the cause - there are so many consumers for one product, but you have to stay dedicated to it. We also talk about pricing your products in a sustainable way! As you grow, there is no way you can do everything yourself and be successful at it. Price yourself in a way that you understand that one day you will need to pay employees, assistants, services, a lawyer, or anything else that may occur. You have to consider what costs you will have in the future, even if you don't need them now!In this episode:- Staying committed to your goals - Setting work boundaries- Finding the market for Waste Free ProductsAction steps:1. Buy bars, not bottles2. Grow something - it gives us more of a connection to the earth 3. Read labels - really look at what is in the products you are using and the food you are eatingConnect with Angie:http://wastefreeproducts.com/angie@wastefreeproducts.comInstagram: https://www.instagram.com/WasteFreeProducts/Free Ebook, Going Plastic Free Room By Room: https://wastefreeproducts.com/product/e-book-going-plastic-free-room-by-room/The Grateful Redhead Podcast: https://wastefreeproducts.com/podcasts/Use Promo Code BOSSPOD for 20% off your purchase!Connect with me, Hayleigh Hayhurst:Free Resources: https://www.espressopodcastproduction.com/resourcesInstagram: https://www.instagram.com/espressopodcastproduction/Facebook Group: https://www.facebook.com/groups/espressogrowthWebsite: https://www.espressopodcastproduction.com/Music: John Kiernan. www.johnkiernanmusic.comHost your podcast on Spreaker: https://spreaker.pxf.io/Boss
Smart Hustle Media founder Ramon Ray shares advice for starting and scaling a business on the WCBS Small Business Spotlight with Joe Connolly and Neil A. Carousso, sponsored by Dime Community Bank.
As the Founder of Fearless Business, Robin helps coaches, consultants, and entrepreneurs to slow down, create space and confidently charge their worth. Offering insights on Product Architecture, Pricing Your Products and Sales. Robin Waite is the founder of Fearless Business, Speaker, Podcast Host and bestselling author of five books including Online Business Startup, and Take Your Shot As the Founder of Fearless Business, Robin helps coaches, consultants, and entrepreneurs to slow down, create space and confidently charge their worth. Offering insights on Product Architecture, Pricing Your Products and Sales. Connect with Robin: https://fearless.biz Websites: https://robinwaite.com/ & https://fearless.biz Twitter: https://twitter.com/RobinMWaite Facebook: https://facebook.com/RobinMWaite LinkedIn: https://www.linkedin.com/in/Robinmwaite Instagram: https://www.instagram.com/robinmwaite/
We're back with another Tough Love on your biz coaching call!! Today we have a bad ass cousin duo, Cinythan & Giselle from Relating and Creating - bestie cousin duo and makers of personalized and custom wood/acrylic gifts and signs for your home or business. These first-generation small business owners took a chance on themselves right at the start of the pandemic and founded Relating and Creating. A little background on the duo of cousin besties... Cinthyan (Cin) - first-time mom and freelance makeup artist decided to quit her job as a Leasing Agent for a luxury building to raise her daughter but shortly after realized she wanted to be more than just a mom. Giselle - an Assistant Property Manager for one of the most luxurious apartment buildings in downtown Jersey City, NJ struggled with loving her position, but having no creative outlet. She used to be an event decorator and always dreamed about owning her own business. Together they are Relating (literally!) and Creating - makers of personalized and custom wood/acrylic gifts and signs for your home or business. Cin & Giselle were struggling with the very common struggle of growing a brand and building trust with your audience on social media while trying to actually make money! The huge struggle of PRICING YOUR PRODUCTS. Listen in as the four of us chat about how to find the confidence in pricing for profit and living in an abundance mindset as an entrepreneur. If you're trying to grow your business and build relationships (whether you're a product based business or in the service based industry) you're going to walk away with TONS of gems from this kick in the pants episode! Website: https://www.relatingandcreating.com/collections/all Instagram: https://www.instagram.com/relatingandcreating/ Huge thank you to our episode sponsor Holly Haynes of Crush the Rush Power Pack Membership. Start getting focused and productive in your business with effective time management strategies. You can find out more at www.hollymariehaynes.com/powerpack It's not just a planner it's an accountability system to help you take control of your already very busy schedule. If you found this episode valuable, share it with a friend and leave a raving review and hit that subscribe button so we can help many more small businesses like yours! www.dreamstoplanspodcast.com/sponsor www.dreamstoplanspodcast.com www.instagram.com/dreamstoplanspodcast www.mygirlfriendrenee.com www.kittymeowboutique.com
How should you think about pricing your product or service? In this episode, Paul and Fab talk about adding value and setting your prices. Enjoy the show! --- Send in a voice message: https://anchor.fm/sales-marketing/message
Gravity - The Digital Agency Power Up : Weekly shows for digital marketing agency owners.
If failing sometimes is inevitable then doesn't it make sense to have a plan for you'll systematically turn that to your advantage? I think so and this week on the podcast we're diving into this and so much more with author and coach Robin Waite. About Robin Robin Waite is the founder of Fearless Business, Speaker, Podcast Host and bestselling author of five books including Online Business Startup, and Take Your Shot As the Founder of Fearless Business, Robin helps coaches, consultants, and entrepreneurs to slow down, create space and confidently charge their worth. Offering insights on Product Architecture, Pricing Your Products and Sales. Robin's website : https://www.robinwaite.com/ (https://www.robinwaite.com/) ---- Get your copy of my Personal Brand Business Blueprint It's the FREE roadmap to starting, scaling or just fixing your expert business. http://www.amplifyme.agency/roadmap (www.amplifyme.agency/roadmap) ---- https://www.youtube.com/channel/UCkhcc6rfcnaKF3vZGRDkCGQ?sub_confirmation=1 (Subscribe to my Youtube!! ) Follow on Instagram and Twitter http://instagram.com/bobgentle (@bobgentle) Join the Amplify Insiders Facebook Community : http://www.amplifyme.agency/insiders (www.amplifyme.agency/insiders) Please take a second to rate this show in Apple Podcasts. ❤ It will mean a lot to me.
As a beauty product manufacturer and brand consultant I have worked with more than 200 brand owners over the last 7 years the topic of pricing and I've come to a huge conclusion. Pricing products is an emotional process for brand owners that leads to all the questions. What if you over price your products and no one buys? What it you under price your products and miss out on additional dollars you could have made? There is a common thread amongst those brands who set their prices and win in the market long term. I'm sharing the top 5 insights in how to price products with both profitability and long term scale in mind. There is a ton of value here for those with existing products in the market and those thinking of launching products.
In this episode, we will discuss the dangers of pricing your products too high on Amazon and the consequences of that. DOWNLOAD my FREE 5-Phase Startup Guide and 5-Day Product Finder Email Course: https://www.andyisomcoaching.com/5-phase-guide My NEW Special 50% OFF Jungle Scout link: https://junglescout.grsm.io/AndyIsom-50off Check out these other Jungle Scout discounts: https://www.junglescout.com/aff/andyisom/
Check Your Pricing | Here is What to Look for When Reviewing Your Pricing You should check your prices in your small business at least twice a year. You need to make sure your prices are hitting your profit goals. You need to ensure you are being competitive on pricing yet not racing to the bottom on pricing. You also need to make sure that your pricing makes sense. Are you offering a good, better, best option or are you offering too much, and therefore you are confusing your customers? In this episode, we will take a closer look at reviewing your pricing and what you should look for when you price your products and services. ~~~~ The Badass Business Owner Podcast is for Small Business Owners who are tired of living job to job but want to grow their business income & their personal income. In each episode, we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams. ~~ WEBSITE: BABOLearning.com YOUTUBE CHANNEL: BABO Learning for Badass Business Owners ~~ RECOMMENDED VIDEOS 6 Stages of a Small Business How to Read a Profit & Loss Statement Knowing Your Business Numbers FREE GUIDES / TOOLS FREE eGUIDE: 8 Steps to Earning $100,000 in Income in Your Small Business FREE eGUIDE: How to Read a Profit & Loss Statement FREE Start Up Guide for Starting a Business COURSES *** Understanding Your Business Numbers *** Start a Local Small Business ~~~ Local Small Business Owners are the Backbone of All of Our Communities! WHO THIS CHANNEL IS FOR: small business owners who serve their local community, local small business owners, service based business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, carpet cleaners, window cleaners, ice cream shops, QSRs, restaurant owners, mechanics, plumbers, electricians, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, pet business owners, & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money. Those who want to know their business numbers better! #BABOLearning #KnowYourBusinessNumbers #BadassBusinessOwnerPodcast
Jim Edwards (https://www.thejimedwardsmethod.com) and Stew Smith discuss putting a price on your products and services. What works the best for entreprenuers in business? Check out this podcast and see how it is done. Check out Jim Edwards Wizards, Scripts, and other tools / training for better sales copy and content marketing for your business at https://www.thejimedwardsmethod. Don't forget the Facebook Group Sales Copy Writing and Content Marketing Hacks with Jim Edwards for a community of over 20,000 like minded business owners https://www.facebook.com/groups/copywritingandcontenthacks
Have you ever been shopping and seen something and said, “Wow! Why is THAT so expensive? I could definitely make that, or at least find it cheaper somewhere else!” I think we have ALL been there, and Sarah walks you through a few valuable tips on not only how to price something, but why! There is so much more that goes into pricing a product or service than just valuing something for the physical cost. Learn how to equitably price an item and still remain competitive in the process! If you are an entrepreneur just getting started, or is someone who is already running a small business, this episode is for you!! Are you ready?! Let's GO!!! Hit the Highlights (1:11) – Intro and welcome message! (1:57) – Sarah points out how “sticky” the topic of pricing can be (2:21) – What Sarah did “wrong” in the early days of her new business (2:40) – If you're not embarrassed, you're not charging enough! (5:04) – Sarah shares story as an example of why something is so “expensive” (9:22) – Why pricing products in the handmade sector can have more fluctuation (10:10) – Tip number one for pricing your goods/services (10:49) – Tip number two – why it's important to know your competition (11:58) – Tip number three – why trying to sell to someone who always wants a deal makes it difficult to scale (14:52) – Learn the 3 little words that can save you from feeling like you have to say “yes” to a project you don't want to do! (16:07) – Why you should say the price and STOP TALKING!! (16:50) -The phrase that always makes Sarah cringe when she hears it! (17:27) – Why you should never “charge what you're worth” Links and Resources Mentioned >> SarahBerryandCompany.com >> SarahBerryandCompnay.com/podcast
From original artwork and crafted goods to products based on your designs or creative services, Melissa and Heather discuss how to price those products and "productized" services as well as how to raise those prices if you're not charging what you should!For a summary of this episode and all the links mentioned, please visit:Episode 56: Pricing Your Products and "Productized" Services For a list of all available episodes, please visit:And She Looked Up Creative Hour PodcastAnd She Looked Up was born from belief that creating for a living takes a special kind of person: one part artist and one part businessperson. Some days the artist gets to be in charge, and some days, it’s the businessperson. And sometimes that can create tension! But tension can be a really good thing - from it comes new ideas, inspiration, and growth. When you run a creative business you need to keep your “inspiration well” full, your mind and body healthy and your business brain sharp. You also need friends and a community that understand what your days are like. That’s why And She Looked Up was created - to create a space for Canadian female artists, creatives and makers to come together and share our ideas and stories while growing our creative businesses! Your host Melissa Hartfiel is a designer, illustrator, writer, and photographer with a penchant for vibrant colour. She’s owns three businesses and has been a self-employed creative since 2010. She resides just outside of Vancouver, Canada.
More than a Few Words is a marketing conversation for business owners hosted by Lorraine Ball You are not charging enough for your products. If you are like most business owners you make the mistake of looking at your competitors for guidance on pricing. Unfortunately, they probably don't know any more about pricing than you do. Why don't business owners charge more for their products and services? Usually it is fear that holds them back. About Robin Waite Robin Waite is the founder of Fearless Business, a Business Accelerator for Coaches, Consultants and Freelancers. From 18 years old until 22, Robin worked as a systems analyst for a medical device company. Putting systems into play, Robin increased e efficiency and decreased cost, helping to make the company 50% more profitable. For the next decade, Robin ran a successful marketing agency, serving over 250 clients. He delivered workshops and masterclasses to over 1,000 business owners on subjects including marketing, product architecture, pricing, websites and more. Now Robin helps other coaches, consultants and entrepreneurs, offering insights on Product Architecture, Pricing Your Products and Sales. With fearless goal setting and accountability, Robin’s program is turning dreams into reality for clients around the world helping them to double their income and more."
# 014 One of the most difficult things to do as an entrepreneur is realize how valuable your product or service may be to someone else. When you create something to sell, it can be easy for us to discount what we've worked so hard to build because WE are the ones who built it.In today's episode, we are talking with Rich White about mindset and how to position yourself, your products/services, and your business online to show the true value of what you have to offer.In many instances, it's not the lack of value in what you have to offer, but the lack of confidence in what you are offering that drives us to lower our prices, discredit our offering, or feel that it doesn't stack up against the expectations of everyone.In this episode, Rich talks about how to better understand pricing your own products based on the REAL value you have to offer and how to position yourself online to showcase that value.To find all the links mentioned in this episode, make sure you check out Episode 14 Show Notes.Don't forget to Join Nine-Five Nation on Facebook to be a part of the conversation.
Learn how to price your products and services with advice from four small business owners in the paper flower, floral arranging, and flower farming industries. Does your stomach tie up in knots at the thought of pricing your products or services? A quick search will show that paper flowers come with all sorts of price tags attached. How do other paper florists come up with those price points? Are you charging too much or too little? Paper florists aren't the only ones to struggle with this problem. Small business owners of all kinds lose sleep over the pricing question. That's why on our Season 3 premier of Papertalk we took on this important topic and chatted with two women outside of the paper flower industry. Jesalyn Pettigrew is a flower farmer and owner of Mossy Gate Flower Farm, and Erin Shackelford is a floral designer and owner of Camas Designs. They both pivoted to the world of fresh flowers after careers in other industries, so setting prices was new and unknown territory. Sound familiar? It definitely rang true for us! Here's what you'll learn when you listen to our conversation: Which factors you should consider when setting your prices How to stick to your price point Navigating different prices for different kinds of customers (wholesale, commercial, designers, etc) How we've balanced building our brands versus making a profit Whether you're new to the game or have been in business for years, pricing is something you need to constantly consider. As Quynh said, “No matter how long you've been in business, how you're pivoting, how you're changing what you are to where you want to be, you have to think about the price in the future. You always have to set your expectation: what do I want to accomplish this year?” The best news is that this is only the beginning of the conversation. We'll have a more in-depth discussion with Jesalyn and Erin on October 17 with our Paper X Talk about pricing. And we want to hear from you! What do you struggle with? What do you want to be discussed? Tell us in the comments, and listen now to get a head start on pricing. Learn more about Jesalyn and Mossy Gate Farm by following her on social media: INSTAGRAM: @mossygateflowerfarm WEBSITE: Mossy Gate Farm Learn more about Erin and Camas Design by following her on social media: INSTAGRAM: @camasdesigns WEBSITE: Camas Designs
Ever been shopping, seen a product discounted, and thought to yourself... "Wow, that's a great deal!" You may not even realize the psychology that's gone into the pricing of that product. In this episode, we discuss one of the most POWERFUL concepts when it comes to pricing products, and how you can use it to make more sales in your business.
The Darius Foroux Show: Master Your Productivity. Master Your Life.
Picking the right price for your products is one of the most difficult things about digital entrepreneurship. In this episode, I talk about the different factors that influence your prices. I also share a strategy I use to pick the right price. http://digitalbusiness.school
In this episode, we will be discussing the factors involved in pricing the products you will be selling. Listen, enjoy and share with a friend! --- Support this podcast: https://podcasters.spotify.com/pod/show/sharkayla/support
If you're like most businesses, pricing your products or services is equivalent to a shot in the dark. Did you know there are studies done to find out the best way to price what you're offering? Today on the Small Business Made Simple podcast, Allan Langer shares every secret you need to know when it comes to pricing your products and services. Allan is a sales and marketing specialist and will blow your mind with the tips he shares about pricing. Don't miss it! Does your business need a professional website? Visit: www.1clickagency.com Connect with me on social media. I'd love to hear from you! LinkedIn: https://www.linkedin.com/in/sam1ca/ Together by STEAM PHUNK https://soundcloud.com/steamphunk Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music provided by Music for Creators https://youtu.be/ya66qIxZQVw
So many businesses struggle to determine how much to charge for their products and services. What are you worth? What are you products and services worth? These are the types of questions we are discussing on today's show. But also what is your time worth? Many entrepreneurs put in excessive time without really valuing what that time is worth and are they spending their time wisely.
Why does proper pricing matter for my business? How can I price my products and services properly? What’s the difference between wholesale and retail prices? The first 300 people to click on this link will get our latest course for FREE (including Self Assessment) - Go to https://weykglobal.com/FreeCourse to access now. Prefer audio? Sign up here to get chapters from our book series delivered via email. --- Send in a voice message: https://anchor.fm/weyk-global/message Support this podcast: https://anchor.fm/weyk-global/support
Mike Montague interviews Andrew Gregson on How to Succeed at Pricing Your Products and Services. In this episode: How and why Andrew got into pricing – and the multiple ways to do pricing More people underprice than overprice Negative and positive beliefs about pricing Who makes the decisions on pricing? The story of the Corvette and the Mustang How to know if you have a pricing problem The price waterfall His favorite pricing model for services and intangibles You need an exit strategy Favorite business quote from Andrew Best attitude, behavior, and technique for How to Succeed at Pricing Find Andrew's book at: https://www.self-counsel.com/the-dark-art-of-pricing.html The How to Succeed Podcast is a public and free podcast from Sandler Training, the worldwide leader in sales, management, and customer service training for individuals all the way up to Fortune 500 companies with over 250 locations around the globe. Find white papers, webinars, and more in our free Sandler E-Learning Library: https://www.sandler.com/sell Enroll yourself in our video self-study online courses at: https://shop.sandler.com/category/online-courses
Mike Montague interviews Andrew Gregson on How to Succeed at Pricing Your Products and Services. In this episode: How and why Andrew got into pricing – and the multiple ways to do pricing More people underprice than overprice Negative and positive beliefs about pricing Who makes the decisions on pricing? The story of the Corvette and the Mustang How to know if you have a pricing problem The price waterfall His favorite pricing model for services and intangibles You need an exit strategy Favorite business quote from Andrew Best attitude, behavior, and technique for How to Succeed at Pricing Find Andrew's book at: https://www.self-counsel.com/the-dark-art-of-pricing.html The How to Succeed Podcast is a public and free podcast from Sandler Training, the worldwide leader in sales, management, and customer service training for individuals all the way up to Fortune 500 companies with over 250 locations around the globe. Find white papers, webinars, and more in our free Sandler E-Learning Library: https://www.sandler.com/sell Enroll yourself in our video self-study online courses at: https://shop.sandler.com/category/online-courses
Mike Montague interviews Andrew Gregson on How to Succeed at Pricing Your Products and Services. In this episode: How and why Andrew got into pricing – and the multiple ways to do pricing More people underprice than overprice Negative and positive beliefs about pricing Who makes the decisions on pricing? The story of the Corvette and the Mustang How to know if you have a pricing problem The price waterfall His favorite pricing model for services and intangibles You need an exit strategy Favorite business quote from Andrew Best attitude, behavior, and technique for How to Succeed at Pricing Find Andrew's book at: https://www.self-counsel.com/the-dark-art-of-pricing.html The How to Succeed Podcast is a public and free podcast from Sandler Training, the worldwide leader in sales, management, and customer service training for individuals all the way up to Fortune 500 companies with over 250 locations around the globe. Find white papers, webinars, and more in our free Sandler E-Learning Library: https://www.sandler.com/sell Enroll yourself in our video self-study online courses at: https://shop.sandler.com/category/online-courses
Find the confidence to understand your value and price appropriately. Sandi & Roben-Marie discuss pricing online courses, digital products and physical products.Take Aways:•Get outside feedback on your pricing•Early Bird pricing strategies including the length of the special pricing.•Should your business run sales? We say NO. Do you agree?•Consider ALL your costs before you determine pricing.OUR LINKSSandi Keene:WebsitePopup Art ClassesCoachingInstagramRoben-Marie:WebsiteCoursesMaker's Tech UInstagram
Determining pricing for your products/services can be tough. Raising your prices can be tougher. There is a lot at stake with pricing. In this episode I will explore 4 areas that are determined by your pricing and explain how I successfully raised my rates in my business.
My guest today is Tess Wicks! Tess is a wealth and mindset coach for online entrepreneurs. Through her podcast and online platform, Wander Wealthy, Tess helps her clients identify their income goals, overcome major money mindset blocks, and implement her Easy Profit System to manage the money in their business and personal life with ease. On this episode we discussed: - Her personal story on how she moved from being an actuary with a large corporation to helping businesses with their finances and running her business from Italy - The importance of creating a plan for your personal finances AND business finances - Where to start with pricing your products and services - How to start testing your business model and pricing strategy - How to raise your prices - The mindset needed to have a successful business and the practices you can implement to develop your mindset - Your favorite business book - Your clever girl superpower - How folks can reach you My blog post mentioned: - How to create a successful side hustle business - A step by step guide: https://www.clevergirlfinance.com/blog/start-a-successful-side-hustle-business/ Books mentioned: - Profit First - Tapping into Wealth by Margaret Lynch How to keep up with Tess: - Stop by her website at https://wanderwealthy.com Listen to my episode on the Wander Wealthy Podcast with Tess: - https://www.tesswicks.com/podcast/episode106 ❤ Get the Clever Girl Finance book: https://clevergirlfinance.com/book ❤ Join Clever Girl Finance: https://clevergirlfinance.com ❤ Follow on Instagram: https://instagram.com/clevergirlfinance
How do you know what to price your products and services for your customers? It can be difficult to know how to maximize your profit without ripping your customers off. We discuss these problems in today's episode of the Revox podcast.
For exclusive content surrounding this and all podcast episodes, sign up for our amazing newsletter at www.theinfluencerpodcast.com. And don’t forget to snap and post a photo while listening to the show and tag me (@julssolomon)! To dive deeper into each episode with myself and other podcast listeners and receive exclusive bonuses relating to the show come join the Influencer Podcast Facebook group. One more thing! Make sure you subscribe to the podcast to stay up-to-date on the latest influencer insights and strategies.
Ashley does a solo episode today on 7 Ways to Get More Bang for Your Buck When it Comes to Pricing Your Products. Whether you're an experienced boutique owner or just a beginner, this episode may have you rethink your old pricing ways. Ashley goes over some important topics such as turn rates, how to rethink markdowns, and why your pricing is unique to your business. We want you to be able to capitalize on all the hard work and effort you’ve been putting into your business, that is why the strategy behind your pricing is so important!
Some things I've noticed about Coaches and Consultants: They are super bright, intelligent people They have an inordinate number of skills and amount knowledge Absolutely love helping their clients Get AMAZING results for their client And yet: They work all hours under the sun For maybe 4-5 days per month Earning less than the average national wage Are completely exhausted If they stop working/selling then their business dies a slow and painful death So, if any of that resonates then my little bonus episode might help you to understand why this is happening. Basically you are struggling to articulate your value and undercharging for your services. This is because your clients' perceived value is based on the attachment to your time and NOT the results and outcomes you can deliver for them. This episode of the podcast will change that. I refer to some slides in the episode, as the audio came from a webinar I delivered, if you'd like the slides then let me know - robin@fearless.biz. Also, if this resonates then let's jump on a call - https://fearless.biz/app - and I'll help you to articulate your value and get you earning more money! A Bit about Fearless Business: Join our amazing community of Coaches, Consultants and Freelancers on Facebook: >> https://facebook.com/groups/ChargeMore And check out the Fearless Business website: >> https://fearless.biz
Hello Fellow Entrepreneurs and Happy Monday (We know Mondays can be rough, but at least you get to look forward to more EPISODES right?) Can you believe we're on part 3/6 of our Pricing Your Products or Services? So far we've been able to cover 1. Who Is Your Customer? 2. What Is Your CPU? Today we cover pricing based on what your goals are as a business. Although it may seem weird to take that into account when pricing your goods and services we highly recommend it. You need to consider where you want your business to go long term. A 25 cent increase compounds over time. That could end up being enough money saved to buy new equipment, hire someone, or whatever is going to take you to your next level. We say “your” because although we're giving you steps on how to properly price at the end of the day it has to work and feel right for YOU. We'll break down how to write proper goals, how the pricing ties into your final price, and finish up with some of our own learning lessons. As per usual each episode in this series is accompanied by a worksheet. Don't forget to sign up for our newsletter, we send them out each Wednesday with a link to download the corresponding worksheet. Head on over to our website to sign up. https://www.bakit.co/ If you ever have any questions, get in touch. We answer all of them every Friday @ 12 PST on our IG Live aka “OPEN DOOR”. Happy LISTENING and LEARNING friends x Sara and Mal
Connect with Peace Love & Wine: info@peaceloveandwine.com This Episode: Learn from Michelle’s journey as we discuss: The Freedom of Sticking to A Schedule Minding Your Mind Self-Worth and Pricing Your Products and Services How Investing in Yourself Through Hiring a Coach Can Be Transformative Michelle’s Bio: Michelle Wisdom-Ellis is a New York-based copywriter and marketing strategist who works with bold entrepreneurs to help make their stories come to life and their profits increase with honesty that sells. Her specialties include lavish web copy, compelling stories, guaranteed to be read marketing emails, and top-selling sales pages. Michelle infuses character and soul into every piece of writing she creates. She owns a thriving business doing what she loves, is happily married, and has four children that light up her life. You can enjoy her priceless, yet free word strategy and marketing tips by signing up for a weekly dose on her site at www.organiccopywriting.com
Pricing Your Products and Services We all want to be building businesses that light us up; however, we also need to be earning money and not burning out. When it comes to pricing your products and services, you need to be confident and charging your worth. If you're ready to stop defaulting to discount mode, then give this episode a listen! LET'S GET INTO IT Have you ever felt awkward setting your prices or following up leads? On to today's episode, I'm going to be diving into some exciting things to do with pricing and your confidence when it comes to setting your pricing and things you need to be factoring in when setting your prices. 1. Pricing Mindset The prices you set have everything to do with your mindset! In this section, I'm sharing how your mindset directly impacts the prices you set. Key Points I Discussed: Where do price setting challenges derive from? Why do you struggle charging your worth? People try to bargain down your prices. You think enjoying what you do means you shouldn't charge more for. How to value your time above all else? Where in your business are you valuing money over time? 2. Setting Your Prices Setting your prices is a topic that comes up all the time! I see that a lot of women find it very challenging to set their prices. In this section, I'm sharing how you can set your prices and feel good about it! Key Points I Discussed: How can you set prices and feel good about it? How many years has it taken you to master your art? What is your experience that you bring? What courses have you taken? Why you should think about your expenses? Do you have staff? What are your material costs? How much time do you spend on what you do? WRAP UP If you enjoyed this week's episode, check out last week's episode which is all about how to make more money by doing less with Denise Duffield-Thomas! This episode was sponsored by the Social Method Society. The doors to SMS are opening soon so if you don't want to miss out this time, because it's not always open, you can put your name down on the waitlist. My waitlist friends get access to exclusive pricing BEFORE I open the doors to the wider public at the full price. Get On The Waitlist Now CONNECT WITH ME Web: www.mumswithhustle.com Facebook: @Mumswithhustle Instagram: @mumswithhustle Twitter: @MumsWithHustle Biz Club: MWH Biz Club LOVE OUR PODCASTS? Okay, mama! I'm going to give it to you straight, 'cause you know that's what I'm about. Podcast reviews are super important to iTunes and the more reviews we receive the more likely iTunes will reward us with better reach. I want to reach more hustling mamas that can add extreme value to our kick-ass tribe. Help a sister, out? I already love you forever, but I’d be extremely grateful if you would review me on iTunes! If you've loved this podcast, never miss another one! All you have to do is SUBSCRIBE to the Mums With Hustle Podcast on iTunes.
The Retail Podcast - DeathGround | Marketing and Small Business Advice
This episode talks about how to price products for your online and offline shop. I discuss bias in power and buyers in need as well as undercutting pricing and loss leaders. pricing your products correctly is the difference between success and failure but also it's important to recognise the difference between price and value. we hope you find this podcast helpful to set your pricing and if you have any comments please send them to us on Instagram at the_mob show. pricing is affected by taxes in the UK the USA and Europe it's important to make sure that when you set your prices you consider future taxation because your customers won't want to pay more.
Are you struggling to know what the best price point for your product or service is? If so, then tune in to this episode of A Look Under the Hood with Paul Hood of Hood CPAs.
I go over the quirks and strategies about pricing products in an ecommerce world.
On this episode of A Look Under The Hood with Paul Hood of Hood CPAs Paul and Clay Clark are getting into the details of how to price your product and knowing what your expenses are and should be.
What to Charge? Pricing Your Products & Services
Spiritpreneur ™ School: Spiritual Business for Entrepreneurs
What to Charge? Pricing Your Products & Services How to Price Your Spiritual Business and Coaching Services
Small business owners typically struggle with pricing their products, especially digital products. In this episode, we discuss the factors that must be considered when setting your prices. For more information about pricing your services, check out episode 90. The components of pricing There are four components of pricing: Direct materials - These are the materials that go into each unit of your product. This might be the cost of a product that you have someone else manufacture for you or bonus items you give away with the cost of a digital course (maybe you mail a welcome packet or t-shirt). Direct materials can also be the cost of software that is incurred on each sale (if you are selling software as a service or other products with incremental software costs). Direct labor - This is the direct cost of labor to make or provide the product. An example of this would be the cost associated with your labor to record videos for a monthly membership site like Small Biz HQ. This would also be the cost of editors and graphic designers for your new book. Overhead costs - Overhead costs are all of your other costs associated with running your business. This includes other materials, labor, selling, and administrative costs. This definition is slightly different than the traditional accounting definition but it helps to simplify things. Profit - Yes, you must actually figure profit into your calculations. There are a few different ways to do this. The most common way is to calculate your monthly desired profit or profit over the life of the product. For products with a longer lifecycle, I want to include monthly profit. Your profit should include your take home pay, any savings you wish to retain in the business, and your taxes. You must also estimate how many units you can sell per month or over the lifecycle of the product (if it is short). Typically, we are very conservative with our estimates. If you estimate too high, you may end up not being able to cover your costs. If your estimates are conservative and you sell more units, your profit will be higher (which is a really good thing!). Total Costs + Profit / Estimated Number of Products Sold = Price Delays and procrastination will cost you Time really is money. As the time you take to get a product to market increases, so do your costs. All of these costs, including the cost of your time, must be recovered. Here are some tips to minimize delays and procrastination: Have a plan to get new products to market in 30 to 60 days. If longer, minimize costs as much as you can. Work off your strengths to develop new products more quickly. Additional advice for physical products Look for price breaks on order quantity but balance with storage and other costs. Look for print on demand for books. Discuss your plans with an accountant to avoid headaches, especially when working with affiliates or fulfillment in another state. Discuss your plans with an attorney for intellectual property, claims, and safety issues. NOTE: This post contains affiliate links Links ((((((((((((((((((((((((((( Visit Show notes ))))))))))))))))))))))))) https://www.smallbizlife.com/blog/episode-96-pricing-your-products ((((((((((((((((((((((((((( Mentions links ))))))))))))))))))))))))) https://www.smallbizlife.com/dreambig D Free for a limited time https://www.smallbizlife.com/HQ ((((((((((((((((((((((((((( Rate and Review us in iTunes ))))))))))))))))))))))))) https://itunes.apple.com/us/podcast/small-biz-life/id1039595496 Small Biz HQ ((((((((((((((((((((((((((( Like our Facebook Page ))))))))))))))))))))))))) https://www.facebook.com/smallbizlifepodcast/ ((((((((((((((((((((((((((( Join our Facebook Group ))))))))))))))))))))))))) https://www.facebook.com/groups/SmallBizLife/ ((((((((((((((((((((((((((( Twitter ))))))))))))))))))))))))) https://twitter.com/JefferyWIngram https://twitter.com/KristinLIngram https://twitter.com/SBLPodcast ((((((((((((((((((((((((((( Affiliate Mentions links )))))))))))))))))))))))))
Based on popular demand we hit this topic again. Pricing your product for retail is so important you definitely do not want to leave these key costs out of your model. Retail returns Freight to the retailer Marketing Development Fund Markdown Fund Have a listen and let us know what you think. Is there anything […]
Based on popular demand we hit this topic again. Pricing your product for retail is so important you definitely do not want to leave these key costs out of your model. Retail returns Freight to the retailer Marketing Development Fund Markdown Fund Have a listen and let us know what you think. Is there anything you plan into your pricing that we have not mentioned? Let us know. Happy Selling! Love the show? Subscribe, rate, review, and share! · Here’s How » Join the On The Shelf community today: · Ontheshelfnow.com · On The Shelf Now Facebook Group · On the Shelf Now Facebook · On The Shelf Now Twitter · On the Shelf Now Instagram
The post Episode 17: Pricing Your Products & Services appeared first on Frank Bria.
Online Course Coaching | For Online Course Creators, Trainers and Entrepreneurs
Award winning Edupreneur Sarah Cordiner shares how she went from broke and homeless to building a seven-figure online education business in 18 months.Don't wait until the perfect moment, your passion is enough!You don't have to be an expert in order to share your knowledge and experience online.A forth grader is an expert to a second grader.You just need to know more about the topic than those you are teaching. Most people prefer to learn from someone who is just a little further along the journey than they are. The experiences are still very fresh versus learning from a Ph.D. who may have never even walked the path.A very successful strategy is the L.A.T. or Learn, Apply, Teach method. This approach also goes by a number of different acronyms.Basically you Learn a new skill, apply it and get a result. Then you teach your new skill.People love being part of your journey and are more likely to engage with you rather than a theory churning professor.Share your journey, not your product.The Journey to Building a Seven Figure Education BusinessIn order to grow a profitable business, you need to turn your content into an online course. In the past, content marketing was used primarily as a means of building a list. We now see content marketing making a shift into a new phase of edupreneurship, or presenting your information for profit.The most exciting part is this strategy can work for any industry and profession, online or offline.If creating online education content is new to you, don't go out and spend a lot of money setting up a platform. Using platforms such as Udemy is a great way to start.Successful businesses provide a lot of free content to help grow their business and build relationships with prospective customers. You may provide free webinars and workshops, set up a blog or produce a podcast. These will always continue to play an important part in your overall business framework.Edupreneurs take this to another level. Instead of giving away all your content for free, consider turning your free content into an online course. Now you are generating income as you build your list.Packaging your informationYou deserve to get paid, highly, for putting all your knowledge together in an online course.In order to present our services to our prospective clients in a meaningful way, a way that our prospects understand what we can actually do for them, we have to provide them with a menu.Your first step is to sit down and list all the products and services you offer along with the exact pricing.If you just have one course you can greatly expand your profitability by offering it as part of a tiered package.Give your audience a choice. They can start with the course only for say $47. Then they could have the option to get the course plus a set of templates at a higher price point.You can continue to build out your options to include 1-on-1 coaching, done for you services, right up to top end mastermind group membership.How to Set Up Your TiersAt the bottom level you have your free or entry level product. This is simply information. Once you have created it you don't have to spend much time on it apart from the occasional update. At this level your audience has no direct contact with you. It's basically up to them to work through the information and make the most of it.The next step up is providing strategies and methods for implementation. You giving your audience the tools that can be used to turn your information into practical exercise.As we continue up the tiers, the next stage is the transformation stage. Do you or the information you're presenting help people get from A to B, from one circumstance to another? We've all seen the transformational before and after shots for popular weight loss or exercise programs. The same principles can be applied to any business. At this level of the tier you could be looking at a 4 figure price point.As we continue our climb up the tiers we reach the 'done for you' level. Here we offer to perform the service for the customer. No matter what industry you're in you can find services that you can provide for your customers at a premium rate.The top level of the tier structure is the 'do it with you' offer. This is your most expensive service as you are exchanging your time for money.So, make up a menu for all your products and services using this tier strategy and your prospective clients will find it much easier to identify the products and services they require.Pricing Your Products and ServicesWe can't tell you the exact price points for your services as we don't know your business. Only you can set your price points based on your industry and what is already out there.You are going to have to do some market research. As guide, go onto the online course platforms and search for courses in your area. Take note of the -PriceNumber of modules/lecturesLength of course in hours and minutesWhat are the topicsIs your competition providing information only, or are they including implementation strategies or are they creating a transformation on some level.You have to provide a similar or better outcome for the price being charged.In order to be successful, you must have a product to market fit. You have to create a course that people want, not what you want to teach.The best way to find out what people want is to ask them. You can use groups, forums and surveys to gather information about your target audience and what they want to know about.Also don't be put off by competitor courses or the expertise of other instructors. Competition is a sign that there is a market for the information. Also don't sell yourself short. We are all unique, we all have our own style and experiences which allow us to present the same topic in a totally different way. You will create a following of people who relate to you and your teaching style.Another common question is, “should I put my course on Udemy?”.I'm not going to go into all the drawbacks of using a marketplace-style platform. The short answer is you'll be leaving money on the table if you don't and Udemy can also be used as a lead generator back to your premium products.You should look at repurposing your content for Udemy. Don't try and sell a big, $500 course, you'll lose a lot of money. Instead, break your course down into ten $50 courses.Taking it to the Next LevelWhile creating courses can certainly generate a good income for you, when looking at the bigger picture there truly is no limit to your income generating possibilities.Once you start to publish courses and other information products on a topic you are automatically tagged as an expert in the subject. This opens up doors for public speaking engagements, invitations onto expert panels and also media exposure. All of which have the potential to drive you even more sales.One of the biggest things that helped Sarah move from zero money to 7 figures was starting to think like a thought leader. Also, start making sure your friends and family know exactly what it is you do, so they can start referring to you. Then expand your reach out to your social media audience then your town, city, country and ultimately the world.Take advantage of Sarah's limited time, 50% off offer on these courses -100+ Ways To Promote, Market & Sell Your Udemy CourseHow To Create Your Own Profitable Training CoursesWhat Is Your Professional Purpose?Workforce Planning, Development & Instructional DesignHere is a link to one of the resources Sarah recommended -Show Your Work by Austin KleonYou can also find out more about Sarah at her web sites -http://www.sarahcordiner.com/http://maintraining.com.au/
Online Course Coaching | For Online Course Creators, Trainers and Entrepreneurs
Award winning Edupreneur Sarah Cordiner shares how she went from broke and homeless to building a seven-figure online education business in 18 months.Don't wait until the perfect moment, your passion is enough!You don't have to be an expert in order to share your knowledge and experience online.A forth grader is an expert to a second grader.You just need to know more about the topic than those you are teaching. Most people prefer to learn from someone who is just a little further along the journey than they are. The experiences are still very fresh versus learning from a Ph.D. who may have never even walked the path.A very successful strategy is the L.A.T. or Learn, Apply, Teach method. This approach also goes by a number of different acronyms.Basically you Learn a new skill, apply it and get a result. Then you teach your new skill.People love being part of your journey and are more likely to engage with you rather than a theory churning professor.Share your journey, not your product.The Journey to Building a Seven Figure Education BusinessIn order to grow a profitable business, you need to turn your content into an online course. In the past, content marketing was used primarily as a means of building a list. We now see content marketing making a shift into a new phase of edupreneurship, or presenting your information for profit.The most exciting part is this strategy can work for any industry and profession, online or offline.If creating online education content is new to you, don't go out and spend a lot of money setting up a platform. Using platforms such as Udemy is a great way to start.Successful businesses provide a lot of free content to help grow their business and build relationships with prospective customers. You may provide free webinars and workshops, set up a blog or produce a podcast. These will always continue to play an important part in your overall business framework.Edupreneurs take this to another level. Instead of giving away all your content for free, consider turning your free content into an online course. Now you are generating income as you build your list.Packaging your informationYou deserve to get paid, highly, for putting all your knowledge together in an online course.In order to present our services to our prospective clients in a meaningful way, a way that our prospects understand what we can actually do for them, we have to provide them with a menu.Your first step is to sit down and list all the products and services you offer along with the exact pricing.If you just have one course you can greatly expand your profitability by offering it as part of a tiered package.Give your audience a choice. They can start with the course only for say $47. Then they could have the option to get the course plus a set of templates at a higher price point.You can continue to build out your options to include 1-on-1 coaching, done for you services, right up to top end mastermind group membership.How to Set Up Your TiersAt the bottom level you have your free or entry level product. This is simply information. Once you have created it you don't have to spend much time on it apart from the occasional update. At this level your audience has no direct contact with you. It's basically up to them to work through the information and make the most of it.The next step up is providing strategies and methods for implementation. You giving your audience the tools that can be used to turn your information into practical exercise.As we continue up the tiers, the next stage is the transformation stage. Do you or the information you're presenting help people get from A to B, from one circumstance to another? We've all seen the transformational before and after shots for popular weight loss or exercise programs. The same principles can be applied to any business. At this level of the tier you could be looking at a 4 figure price point.As we continue our climb up the tiers we reach the 'done for you' level. Here we offer to perform the service for the customer. No matter what industry you're in you can find services that you can provide for your customers at a premium rate.The top level of the tier structure is the 'do it with you' offer. This is your most expensive service as you are exchanging your time for money.So, make up a menu for all your products and services using this tier strategy and your prospective clients will find it much easier to identify the products and services they require.Pricing Your Products and ServicesWe can't tell you the exact price points for your services as we don't know your business. Only you can set your price points based on your industry and what is already out there.You are going to have to do some market research. As guide, go onto the online course platforms and search for courses in your area. Take note of the -PriceNumber of modules/lecturesLength of course in hours and minutesWhat are the topicsIs your competition providing information only, or are they including implementation strategies or are they creating a transformation on some level.You have to provide a similar or better outcome for the price being charged.In order to be successful, you must have a product to market fit. You have to create a course that people want, not what you want to teach.The best way to find out what people want is to ask them. You can use groups, forums and surveys to gather information about your target audience and what they want to know about.Also don't be put off by competitor courses or the expertise of other instructors. Competition is a sign that there is a market for the information. Also don't sell yourself short. We are all unique, we all have our own style and experiences which allow us to present the same topic in a totally different way. You will create a following of people who relate to you and your teaching style.Another common question is, “should I put my course on Udemy?”.I'm not going to go into all the drawbacks of using a marketplace-style platform. The short answer is you'll be leaving money on the table if you don't and Udemy can also be used as a lead generator back to your premium products.You should look at repurposing your content for Udemy. Don't try and sell a big, $500 course, you'll lose a lot of money. Instead, break your course down into ten $50 courses.Taking it to the Next LevelWhile creating courses can certainly generate a good income for you, when looking at the bigger picture there truly is no limit to your income generating possibilities.Once you start to publish courses and other information products on a topic you are automatically tagged as an expert in the subject. This opens up doors for public speaking engagements, invitations onto expert panels and also media exposure. All of which have the potential to drive you even more sales.One of the biggest things that helped Sarah move from zero money to 7 figures was starting to think like a thought leader. Also, start making sure your friends and family know exactly what it is you do, so they can start referring to you. Then expand your reach out to your social media audience then your town, city, country and ultimately the world.Take advantage of Sarah's limited time, 50% off offer on these courses -100+ Ways To Promote, Market & Sell Your Udemy CourseHow To Create Your Own Profitable Training CoursesWhat Is Your Professional Purpose?Workforce Planning, Development & Instructional DesignHere is a link to one of the resources Sarah recommended -Show Your Work by Austin KleonYou can also find out more about Sarah at her web sites -http://www.sarahcordiner.com/http://maintraining.com.au/