Pricing Your Product

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EntreOasis 5465
Oct 28, 2008 12:00 EDT

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Description

http://toolkit.com/small_business_guide/sbg.aspx?nid=P03_5200

Toolkit.Com

From the buyer's standpoint, the right price is a function of product purchase value and other competitive choices in the marketplace.

From the seller's viewpoint, there are many potential pricing objectives. But the basic concern for almost all small businesses is to price products to maximize both sales and profits, while providing enough margin to take care of applicable marketing and overhead expenses.

Toolkit.Com identifies nine steps to determine the best price for your product.(more ... click on the link above)

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Details

Pricing Your Product

Relevant Subject and Topic
Policy Building, Managing Money, Mission, The Business Plan, Starting a Business, Accounting, Pricing and Costing, Prospecting and Planning, Brand Management, Business Practices, Managing Inventory, Managing Information, Managing Customers, eCommerce, Business & VocationalView more...

Types
Article
Tip or Suggestion

Features
Informative, Educational, Competitive, Somewhat Interactive, Text

Format
Document
Webpage

Copyright Owner
Toolkit.Com

Most Suitable For Use By
Instructors, Learners, Entrepreneurs

Age Appropriateness
Adult(19+)
Youth(12-18)

Grade Appropriateness
High School, Postsecondary, Graduate, Adult General, Professional

Geographic Suitability
All or Non-Specific

Language
English

Education Standards Maps

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