Pricing your product and services activity

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Reference no: EM132413828

Pricing Your Product/Services Activity

1. Determine Your Unit Costs - How much does it cost to purchase, produce and/or sell your product? Think about it in one-unit increments if it is a product or in the average price for your services. Provide an itemized listing of costs for your product. I suggest using a matrix (table).

2. Select three competitors and look at the whole package they offer not just the unit price (see "Pricing strategy for Small Business" article)

3. Define a pricing strategy (see "Different Pricing Strategies Which One Is Right for You" and" 5 Easy Steps for Creating the Right Pricing" articles) and select at least one to set a price for your products or services.

4. Price your Produce or Service and include an explanation as to why you selected the pricing strategy you did and how it fits or will make money for your particular business.

Attachment:- Module 8-Different Pricing Strategies.rar

Reference no: EM132413828

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