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You Are Pricing Your Product WRONG! How to Determine Optimal Price for Profit
 
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What should you be charging for your product or service? ►Subscribe: https://goo.gl/ScRTwc to learn more secret SEO tips. Find me on Facebook: https://www.facebook.com/neilkpatel/ Read more on my blog: https://neilpatel.com/blog Today I'm going to share with you how to determine the optimal price for your product or service. 0:29 Optimal Price Tip #1 The first thing you need to do is look at your competition. Is your product comparable to theirs? Is it better? Is it worse? Do you have the same feature sets? Do you have fewer features? If your product is easier to use, it has all the same features, and it's higher quality, you can price your product at the same price as your competition or higher. Now, if your product has fewer features than the competition or your service has fewer features, it's not as good, you don't want to be in the same price point. Ideally, you want to be lower. It's just common sense, right? 1:41 Optimal Price Tip #2 Now, the second tip I have for you and this is if you wanna maximize how much income you're making and profit versus capturing the majority of the market because the first tip I gave you, if you wanna put your price lower than the competition when your product's better, it's a great way to gobble up their market share but on the flip side, if you're trying to optimize for profitability, what you wanna do is split test your pricing. You can use Crazy Egg, and you can use Optimizely, VWO. Pick A/B testing tool. Create two pages of your product or service at different price points and keep playing with the price. You can increase it, and you can decrease it. Usually, you want to start off increasing it, and you want to see, alright, can I generate the same amount of sales with the higher price point? If you can, then you want to go with the higher price point then you don't want to stop there just because you got more sales on the front end. If you're unsure of how to price your product or service, leave a comment below with your product or service, tell me what you're thinking, and I'll give you some feedback. If you like this video, tell people about it, share it, subscribe. Thank you for watching, and I can hope to help you come up with the ideal price for your product or service.
Views: 13171 Neil Patel
Pricing Strategies - How to price a product
 
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http://www.evancarmichael.com/support/ - SUPPORT ME :) Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! Help me caption & translate this video! http://www.amara.org/en/profiles/videos/Evan%20Carmichael/ Eduardo Orellana: "Hi +Evan Carmichael I have a question for you, what happens if you've found a product or service that people need and it is extremelly valuable but are having a hard time deciding how much to charge people for it? "
Views: 80316 Evan Carmichael
What Do I Charge- Find Your Product Pricing Sweet Spot
 
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C'mon over to http://marieforleo.com/2012/03/how-much-to-charge where the main discussion happens after the episode! "What do I charge?" is a question I hear ALL the time and in this video, learn how to determine the right price for your product or service. First, learn about product positioning within your busines. Then I'll show you why it's important to consider big picture positioning too. You'll also learn why it's important that you quantify the results you are promising to your customer by figuring out how the result will translate into more time, money, love, health, etc. for your customer. By following these simple tips you can put the right price on almost anything and finally tackle that burning question of exactly how to price things. If you enjoyed this video, sign up for your free weekly business and life advice at http://www.marieforleo.com. And if you're interested in more videos on how to be a star in your industry, check out our YouTube playlist on that exact topic here: http://www.youtube.com/user/marieforleo#grid/user/B4AFA6FF4D36CEE0 Thanks for watching! http://marieforleo.com/2012/03/how-much-to-charge/ Our channel: http://www.youtube.com/marieforleo
Views: 96479 Marie Forleo
Don't Make This Pricing Mistake: How to Price Your Products & Services
 
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This is the dumb pricing mistake entrepreneurs make. Now I'll show you how to fix it. SUBSCRIBE FOR MORE ► http://bit.ly/WqPFyy There's a dumb pricing mistake people make when they price their products and services... ...and it leaves a TREMENDOUS amount of money on the table. (The weird part? This applies to all types of products. Maybe you're selling a piece of furniture... or you'er selling multiple crafts at a craft show... or maybe you're a freelance photographer or web designer...) What is the mistake? Watch this video and I'll explain everything. The best part? Once you know the mistake, it's easy to fix it. Don't take my word on it. Watch the video. See for yourself. This takes advantage of proven psychological pricing strategies. It works for physical products - like crafts, handmade furniture - and for freelance services - like photography, web design, consulting. Oh, and if you liked this video, HIT SUBSCRIBE! http://bit.ly/WqPFyy
Views: 166515 Derek Halpern
The Best Pricing Strategy - The Apple Way
 
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Please Subscribe here https://goo.gl/6mVLxs to have more videos on business, entrepreneurship, motivation, personal development and success strategy. Setting the right price for a product or a service can be very challenging especially for new entrepreneurs. This is because it can be quite confusing to understand how pricing really works in the market. For example, which of these two products would you buy, the first one is priced at $800 and the second product with the same functions and usage is priced only at $4? Obviously, most of us would choose the $4 product, right? Yes and no. It all depends on 2 important factors which I am going to explain more in this video. If you say yes then why is it that a 256GB iPhone 7 which is priced at $849 is more in demand than a Freedom 251 smartphone which is priced only at $4 a piece? If you say no then why is it that most of us would choose to get a $1 mineral water than the one that is priced at $200 a bottle? So how much should you price your product then? Well, there’s no one right answer to this question because there are so many things that you need to consider such as your overall business goals, how you plan to position your product in the market, your market niche, the costs to produce your products, your product category, and your overall operational costs, just to name a few. Is there a simpler way to do this? Of course, there is, just make sure you know your product category and your positioning strategy. Let me explain. Basically, your product will fall into either one of these two big categories. One is a generic product which can be divided into convenience and shopping products. Convenience products refer to our day to day products such as food, drinks, household products, and so forth whereas shopping products refer to products like clothing, shoes, furniture, and electrical appliances. The second product category is specialty products such as exclusive clothing lines, luxury cars, branded items such as branded bags, watches, shoes, and perfumes. If it is categorised as a generic product just use cost plus profit pricing strategy. Which means, you set your price by adding up the total costs to produce one unit plus the profit you want to make for every product sold. This usually works just fine because almost all generic products are priced this way. But if your product is a specialty product, you need to decide on how you want to position it in the market, more specifically how do you want to position it in the mind of your customers and you can set whatever price you want. The most important thing that you must remember here is this, the moment you enter the market with your product positioning and pricing strategy, it will stay in there forever and, to reposition it later on in the future is almost impossible. For example, Freedom 251 smartphone is positioned as the cheapest and most affordable smartphone in the world and to reposition it just like an iPhone is near to impossible task. Therefore, how should you price your products and services? Decide on your product category and on how do you want to position it in your market. pricing strategies | pricing strategies in marketing | competitive pricing strategy | marketing pricing strategies | pricing methods | business pricing strategies | pricing strategy examples | Follow me on twitter https://twitter.com/moslemanoar Connect with me on linkedin https://my.linkedin.com/in/moslem Follow me on my blog http://moslemanoar.com/ Connect with me on facebook https://www.facebook.com/moslemanoarpage Connect with me on skype moslemanoar
Views: 28211 Success Matters
How Do I PRICE My Products?! | Pricing for Both Retail and Wholesale Business
 
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I often get asked, "How do I price my products for wholesale and retail sales?". This is a tricky subject, but it doesn't have to be complicated. I walk you through the steps I follow every time I launch a new product line. I also give visual examples for how I format my excel document when I'm tracking costs. ▼▼▼MORE INFO BELOW▼▼▼ ----------------------------------------­­­­­------------------------------------­-­- ▼▼▼ MENTIONED IN THIS VIDEO ▼▼▼ Please let me know if you have any questions about pricing in the comments below. This is a lovely community and seeing you talk to each other is extremely helpful and rewarding! Videos Related to Selling Wholesale: https://www.youtube.com/playlist?list=PLvIZjXRogQyn5EIxBSPkomX0xK3nZYm8- More Small Business Tips: https://www.youtube.com/playlist?list=PLvIZjXRogQynhhnuI9qCcsFO0Rt4KDiOK ----------------------------------------­­­­­------------------------------------­-­- Please comment and subscribe. I have a bunch of Etsy/Small Business related videos on the way. ▼▼▼ SUBSCRIBE ▼▼▼ https://www.youtube.com/channel/UC8sHrp-M7ufOjqh5ORk3bHA?sub_confirmation=1 ----------------------------------------­­­­­------------------------------------­-­- ▼▼▼ MY BUSINESS - Mane Message ▼▼▼ MANE MESSAGE: http://www.manemessage.com ETSY SHOP: https://www.etsy.com/shop/ManeMessage ----------------------------------------­­­­­------------------------------------­-­- ▼▼▼ SOCIAL MEDIA ▼▼▼ TWITTER: http://www.twitter.com/manemessage FACEBOOK: http://www.facebook.com/manemessage INSTAGRAM: http://www.instagram.com/manemessage ----------------------------------------­­­­­------------------------------------­-­- ▼▼▼ SUBSCRIBE TO MANE MESSAGE'S NEWSLETTER ▼▼▼ EMAIL NEWSLETTER: http://eepurl.com/biNlZT ----------------------------------------­­­­­------------------------------------­-­- ▼▼▼ JOIN ETSY ▼▼▼ http://etsy.me/2bNbLrp ^ This is an affiliate link. I will earn free Etsy listings if you join using my link.
Views: 36689 Olivia Hayward
How To Perfect Your SaaS Pricing Using The 10-5-20 Rule | Dan Martell
 
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Have you mastered the black arts of pricing your SaaS product? In this video, I’m going to share with you how to perfect your SaaS pricing in the early days using a simple 3 step framework. DOWNLOAD: Rocket Demo Builder™ - http://bit.ly/2szs5Dk Are you an entrepreneur? Get free weekly video training, invites to exclusive events and community contests: http://bit.ly/2xKcohX + Instagram (behind the scenes): http://instagram.com/danmartell + Facebook (live trainings + Q&A): http://FB.com/DanMartell + Twitter (what I'm reading): http://twitter.com/danmartell If nobody’s pushing back on your pricing… That’s a problem. You might be thinking: “But Dan.. isn’t it a good thing that everyone’s saying YES to my price without resistance? Why would I want to rock that boat?” Simply put: Without pushback, you’re leaving profits on the table and making your team complacent. Two things that you literally can’t afford to be doing in the early days of growing your SaaS company. If hearing this adds even more anxiety to your pricing decisions, let’s take a deep breath. I’ve got you covered. In this week’s video, I break down the 3-Step formula for nailing down the PERFECT pricing level that maximizes your profits, keeps customers happy, and creates a forcing function for you and your team to focus on creating massive value. At a high level, here are the 3 steps: 1. 10x value 2. 5% more 3. 20% pushback The 3 steps all build on top of each other to produce the coveted 10-5-20 rule. But if there’s ONE thing you pull from this week’s video to start adding immediate profits, it’s this: For the next 10 customers you talk to, raise the price of your software by 5%. And then please… whatever you do... play it cool when they say “yes”. Don’t kill the vibe by acting surprised ;-) The key here is to test the upper limit that your market’s willing to pay for your solution. And then keep testing until you find that line of resistance. Might make you sweaty palmed at first. But do what you can to stick it out. You owe it to your team, your product, and your bottom line. Give the full video a watch and then let me know how your next prospect responds to that 5% increase. Dan “profiting through pushback” Martell Don't forget to share this entrepreneurial advice with your friends, so they can learn too: https://youtu.be/LKh9VY_XooQ ===================== ABOUT DAN MARTELL ===================== “You can only keep what you give away.” That’s the mantra that’s shaped Dan Martell from a struggling 20-something business owner in the Canadian Maritimes (which is waaay out east) to a successful startup founder who’s raised more than $3 million in venture funding and exited not one... not two... but three tech businesses: Clarity.fm, Spheric and Flowtown. You can only keep what you give away. That philosophy has led Dan to invest in 33+ early stage startups such as Udemy, Intercom, Unbounce and Foodspotting. It’s also helped him shape the future of Hootsuite as an advisor to the social media tour de force. An activator, a tech geek, an adrenaline junkie and, yes, a romantic (ask his wife Renee), Dan has recently turned his attention to teaching startups a fundamental, little-discussed lesson that directly impacts their growth: how to scale. You’ll find not only incredible insights in every moment of every talk Dan gives - but also highly actionable takeaways that will propel your business forward. Because Dan gives freely of all that he knows. After all, you can only keep what you give away. Get free training videos, invites to private events, and cutting edge business strategies: http://bit.ly/2xKcohX
Views: 7427 Dan Martell
How to Sell Value vs. Price
 
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People don't buy products, they buy the result that the product will give them. In today's video, I'll teach you what I've taught to more than 2 million salespeople in over 75 countries: how to sell the VALUE and BENEFIT of your product, rather than the price. Learn how to close more deals by applying the right closing technique with my FREE 23 Closing Techniques Battle card, download it here: http://bit.ly/1TWrOxE "The more you focus on the value of your product or service, the less important price becomes." @BrianTracy (Tweet this: http://bit.ly/1TGEqt6) ___________________ Learn more: Subscribe to my channel for free offers, tips and more! YouTube: http://ow.ly/ScHSb Facebook: http://www.facebook.com/BrianTracyPage Twitter: http://www.twitter.com/BrianTracy Google+: +BrianTracyOfficialPage Pinterest: http://www.pinterest.com/BrianTracy Instagram: @TheBrianTracy Blog: http://ow.ly/TXzAT
Views: 126368 Brian Tracy
How to Sell Your Product or Service - Presenting Pricing or Proposals (Part 10 of 11)
 
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How to Sell Your Product or Service Sales Training Course. In this course, sales trainer and sales motivation expert Victor Antonio introduces you to a process to learn How to Sell. For more info go to http://www.VictorAntonio.com In this video, Victor walks through the process of how to sell more products or services using the right pricing proposals ---Get more Sales Training and Motivation Tips on Selling with Victor Antonio at http://www.SellingerGroup.com Bio: Sales Motivation speaker, trainer and author Victor Antonio is proof that the American dream of success is alive and well. A poor upbringing from one of the roughest areas of Chicago didn't stop Victor from earning a B.S. Electrical Engineering, an MBA and building a 20 year career as a top sales executive and becoming CEO of a multimillion dollar high-tech company. Prior to being CEO he was President of Global Sales and Marketing for a $420M company. He was tasked with building a global sales force, establishing contract agreements, developing financial pricing models and in charge of developing the corporate brand and marketing the company's services for worldwide acceptance. Before that he was Vice President of International Sales in a Fortune 500 $3B corporation at the time. Within a two and half year time period he grew their business from $14M to $98M in annual revenue. During that time period his sales totals were $162M and was selected from over 500 sales managers to join the President's Advisory Council for excellence in sales and management. International: His success in sales and management also helped him establish channels internationally. He has conducted business in Europe, Asia, Saudi Arabia, Australia, Latin America, Middle East, United Arab Emirates and South Africa. How to Sell Your Product or Service online Sales Training Course.
Views: 66936 Victor Antonio
Pricing Strategies - How To Price Your Product or Service
 
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DOWNLOAD MY FREE PRICING MODEL GUIDE: http://bit.ly/pricingmodelguide This week's episode of the Profit With Style show is all about how to price your product or service so you choose the right pricing model that will generate profitable sales. An effective pricing strategy will not only help you sell your products or services in the short-term, but will also increase your profitability over the long-term. Watch this video if you want to learn how to: ** Meet or exceed your revenue goals ** Remain competitive in your market ** Offer quality products at a good price. Comment below to share how did you come up with your price for your product or service. DOWNLOAD: Pricing Model Guide here: http://bit.ly/pricingmodelguide Say hi on other social medias: Facebook: https://www.facebook.com/angelcoleman101 Instagram: http://www.instagram.com/angelcoleman101 Twitter: http://www.twitter.com/angelcoleman101 BONUS TIPS: (design) https://www.youtube.com/watch?v=RKXZ7t_RiOE (wholesale) https://www.youtube.com/watch?v=OigjoQuiz5o https://www.youtube.com/watch?v=Su0PaBtNmqM
Views: 182 Angel Coleman
Top 5 mistakes to avoid when pricing your handmade products
 
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Pricing is the centerpiece of your handmade business. The reason is simple: to be successful and make a living off your online shop, you need to be profitable. And to be profitable, well… You have to price for profit. Truth is, it can feel very uncomfortable, and if you’re like me and numbers aren’t your favorite thing to play with… well it just sounds like the least possible fun thing to do! The temptation is real to get it over and done with as quickly as possible, but you also risk falling into one the most common pitfalls of costing and pricing your products. If you know deep in your heart that you haven’t spent much time on your pricing strategy, you might want to keep reading and make sure you’re not making one of these 5 costly mistakes. FREE CALCULATOR: https://www.tizzit.co/resource-library/
Views: 8282 Deborah Engelmajer
Drop Shipping Mistake #1 - Pricing Your Dropshipping Product
 
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• Setup your own dropshipping store with Shopify HERE: https://goo.gl/1CuQmC (2-week free trial) I'll be explaining 7 AliExpress dropshipping mistakes that I made in my first attempt at drop shipping, across 7 daily videos. I chose a AliExpress dropshipping product with a retail price that was too low. I had previously explained that a dropshipping product should be selling on your store at between $50-$200. I chose a product that I would sell at $14.99. This price was far too low and significantly reduced my potential total profit amount. The low profit amount also meant that any marketing costs that I spent to drive potential customers to my AliExpress dropshipping store had a significant impact on my final overall profits, and almost made the costs of marketing not worthwhile. All 7 Mistakes I Made With AliExpress Dropshipping: https://www.youtube.com/playlist?list=PLXE2mk0omPu5W6hzKBilrkBFcQwB54LeZ How To Choose A Profitable Dropshipping Product: https://www.youtube.com/watch?v=OBHf0aq7X_A How To Increase Dropshipping Sales: https://www.youtube.com/watch?v=aPqxvWPgACg My First Week Of Dropshipping: https://www.youtube.com/watch?v=ZEBfrQiHNi8 Remember to SUBSCRIBE to the channel for updates on my online business projects, so that you can to learn from my attempts at success :)
Pricing Your Product Right
 
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Pricing your product right. Apartments rentals even retail. #Real estate #Apartments #moneymurphy
Views: 1 Joshua WJ Murphy
Pricing Strategy - How To Price A Product
 
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http://MarketingPathfinders.com Pricing Strategy: How To Price Your Product -Learn how to establish the optimum price for your product or service before you go to market. Start your pricing strategies with positioning insights established by concept testing.
Pricing Strategies Series - How to Price Your Product or Service - Sales Training Course (1/10)
 
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Pricing Strategies Series - Introduction on How Much to Charge for Your Product or Service by sales trainer and motivation speaker Victor Antonio. In this video, get an overview of the different types of pricing strategies to use and why pricing is important to your profitability. -- More information at: http://www.VictorAntonio.com or http://www.SellingerGroup.com -- About Victor Antonio Author,sales trainer and motivational speaker Victor Antonio is proof that the American dream of success is alive and well.  A poor upbringing from one of the roughest areas of Chicago didn't stop Victor from earning a B.S. Electrical Engineering, an MBA and building a 20 year career as a top sales executive and becoming CEO of a high-tech company.  Prior to being CEO he was President of Global Sales and Marketing for a $420M company and Vice President of International Sales in a Fortune 500 $3B corporation at the time. He has shared his story of success in Europe, Asia, Australia, Latin America, The Caribbean, Saudi Arabia, South Africa, United Emirates and The Middle East. Victor has shared the big stage with some of the top business speakers in the nation including: Rudy Giuliani, Zig Ziglar, Dr. Robert Schuller, Paul Otellini (CEO of Intel), John May (CEO of FedEx Kinkos) and many other top business speakers. Victor is a proven communicator and motivator! http://www.youtube.com/watch?v=5IVpbmorLfE He has shared the stage with: Business Leaders: Paul Otellini, CEO of Intel Rudi Giuliani, Mayor, NYC John May, CEO of FedEx-Kinkos Great Speakers: Dr. Robert Schuller Martin luther King Jr III Zig Ziglar, Sales Motivational Speaker Celebrities Hill Harper, Author and Actor Keegan Michael Key, Show "Key and Peele" Haaz Sleiman, Actor, Star of Show: The Victim Russell Simmons, Author, Entrepreneur
Views: 34646 Victor Antonio
Marketing Mix: Pricing Strategies
 
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Review the basics of the price component of the marketing mix. This critical element of your marketing strategy can make or break your competitive position. Provided by Rasmussen College School of Business.Download the PowerPoint presentation at http://www.sophia.org/marketing-mix-pricing-basics-tutorial
Views: 224346 Soma Datta
How to price your product. Answering: how to price my product?
 
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How to price your product and some pricing theory discussion! Take my full course on how to start a business for more discussion on how to price a product: https://www.udemy.com/how-to-start-a-business-go-from-business-idea-to-a-business/?couponCode=y For more tutorials like this tutorial with pricing theory and strategies on how to price a product, please visit http://www.problemio.com In this video I discuss some pricing theory, and explain how to price your product. Many people on my apps approach me and ask me: how do I price my product? Of course, it is difficult to answer because every business is so different. But in this video I give a pretty good overview of the theory of how to price a product in various cases and competition. If you have no competition, then you can price your product by simply experimenting with what the highest price you can charge while maintaining enough sales. But that is rarely the case. The more common case is if you are in a very competitive environment. In this case, you price your product by giving away something very cheap or free. That way you take advantage of a part of the freemium model and take people away from your customers and bring them into your business. And then you hope to convert some of those people into buyers of your more expensive products. Another interesting approach for how you should price your product is the name your own price model. In most situations it doesn't work. But there are some cases where it doesn't cost you money to have another client. So instead of turning them down because they found the price to be steep, you just let them name their own price. For example that is how you can price your product for event attendance or website membership. If you are still wonderiing "how can I price my product?" here is an article on how to price a product from http://www.sba.gov http://www.sba.gov/community/blogs/how-price-your-small-business%E2%80%99-products-and-services And here is an article on how you can price your product http://www.inc.com/guides/price-your-products.html And here is an article on how you can price your product http://www.entrepreneur.com/article/220746 Please check out my business books. Here is my book on starting a business with further discussion on how to price your product: http://www.amazon.com/Get-Business-Ideas-Start-ebook/dp/B00HZUVAUM Book with fundraising strategies to raise money: http://www.amazon.com/10-Fundraising-Ideas-Strategies-strategies-ebook/dp/B00KADT0Q2/ Facebook marketing book: http://www.amazon.com/Facebook-Marketing-Business-Expect-Promoting-ebook/dp/B00LMGPDIK Marketing strategies book: http://www.amazon.com/Marketing-Strategies-People-Problemio-business-ebook/dp/B00IG83T7E/ Mobile app marketing book: http://www.amazon.com/Mobile-App-Marketing-thousands-downloads-ebook/dp/B00LTGV1NO/ Freemium business model https://www.youtube.com/watch?v=8IqWwNLHIsU Business plan course https://www.youtube.com/watch?v=i19XAhb0-BM What is a business plan https://www.youtube.com/watch?v=T63QsuNIwZA What is a business model: https://www.youtube.com/watch?v=dsUz6lfXCkE How to make money with ads: https://www.youtube.com/watch?v=eAw7JowBjc8 Hiring tips and strategies: https://www.youtube.com/watch?v=LEPLs1dOBZg How to identify your target market: https://www.youtube.com/watch?v=loHvzCFnAvg What is KPI and how to use it in your business: https://www.youtube.com/watch?v=fx1x33DKmGc Do you need a business plan? https://www.youtube.com/watch?v=0kYxzkx6JJI How to price your product? https://www.youtube.com/watch?v=qN5No7ON5o0 The lean startup methodology by Eric Ries: https://www.youtube.com/watch?v=HYXTXHteY8Q Steve Blank's customer development theory: https://www.youtube.com/watch?v=_lkRDM8yXxU
The ultimate software pricing strategy
 
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The ultimate software pricing strategy How can your software pricing capture the full potential revenu of your customer. It is NOT by scaling pricing on only 1 level (either by users, admins, servers, volume,…) NO it is by creating modular pricing where there is an upside or extra module to sell. Acquiring a customer is expensive so you acquire customers to upsel ! Welcome to our first Selling Sales video where your host Michael Humblet will guide you on how to accelerate your sales. Watch these to grow your business, improve sales and much more ! ---- Michael Humblet is obsessed with designing, building, training and scaling sales machines and founder of Chaomatic, focused on accelerating revenue growth in B2B sales. Prior to this he had a 17 year career in different Sales Executive functions as Head of Global sales, VP of EMEA business development and Vice President of solutions sales. Over the last year Michael helped over 150 startups & scale-ups to shortcut their time to revenue and accelerate their revenues. Next to this he is a sales coach & expert at several leading incubators as Startit.be, Imec and startups.be. Michael Humblet is the host of the Sales Acceleration Show, a sales and marketing focussed Q&A show where we invite founders and ceo’s of companies to discuss how they accelerated their business and their sales team. My promise to you is that it will always be very pragmatic with a big focus on the how !! ---- Chaomatic designs, builds and scales B2B Sales Machines. We lay the foundation for accelerated growth by creating the blueprint for your sales team. We'll help you find your niche to dominate, the right pricing strategy, which acquisition model you need to apply, how to cover long term upsell strategies and help with the decision if you need to sell directly, go indirectly or do both. ---- Thank you for watching this video. I hope that you keep up with the weekly videos I post on the channel, subscribe, and share your learnings with those that need to hear it. Your comments are my oxygen, so please take a second to let us know If you have questions that you want to be answered during the show or you want to see special guests: More resources if You're Ready to Go Deeper: http://www.chaomatic.com/ I hope these movies accelerate your revenue acquisition immediately. Michael Humblet -------- Subscribe on the channel if you like it: Stay connected: Company: http://www.chaomatic.com/ Facebook: http://www.facebook.com/chaomatic Linkedin: http://www.linkedin.com/in/michaelhum... Instagram: https://www.instagram.com/chaomatic Twitter: http://www.twitter.com/Humbletm Slideshare: http://www.slideshare.net/MichaelHumblet -------- Filmed and edited by Peter Van keer. Find his YouTube channel here:http://www.youtube.com/c/petervankeer
Views: 2239 Michael Humblet
Pricing your products and services
 
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How to get your pricing right first time
Views: 41 Coach Class
How To Evaluate The Right B2B Pricing Model For Your Software Startup | Dan Martell
 
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How do you create the right pricing structure for your business? In this video, I want to show you a simple process that allows you to create a revenue model that’s simple and clear to execute on. Are you an entrepreneur? Get free weekly video training, invites to exclusive events and community contests: http://www.danmartell.com/newsletter + Instagram (behind the scenes): http://instagram.com/danmartell + Facebook (live trainings + Q&A): http://FB.com/DanMartell + Twitter (what I'm reading): http://twitter.com/danmartell How much does it cost you to acquire a customer? Understanding that will help you understand your model. Most founders think it’s just the cost of your advertising spend. Nope. It’s everything you spend on marketing (people + ad spend + contractors, etc) AND sales (everyone involved in the process + tools, etc)... And that still doesn’t include anyone you might have to qualify, or the cost of running webinars, etc. All that to say, knowing your numbers matters because it’ll help you understand where you should be in my Software Sales Matrix™. Watch this week’s video to learn how to avoid landing in the “Startup Graveyard”... and the 3 strategies to pull you out fast. When I sit down with a startup to help them scale their business, I always ask questions around 4 key areas. - What’s the average size of a deal on an annual basis (called ACV: Annual Contract Value). - What do your marketing activities look like and how much do you spend on a monthly basis? - What do you offer to support your customers? 1-800 #? Online FAQ? Do you send people on site to train or configure? - How does your sales process work? Who’s involved? What’s the time to close a new lead? - How do you onboard a new customer? What’s the process for them to get started? With only the answers to these questions, I can build a complete model of their business in my mind and map it to the matrix to understand where their opportunities lie. When it comes to scaling a SaaS business, understanding what you can invest in, and what you can’t because your pricing doesn’t allow it, is the ultimate clarity. It’s this level of clarity that most overenthusiastic startup founders are blind to. They dig their head in the sand… and in doing so, dig an early grave for their startup. Watch the video to understand the two axis’s I use to evaluate startups, and place them on the grid. Do this for your company, then leave a comment and let me know what you learned. Can’t wait to hear where you’re at! Dan “mapping it in my mind” Martell Don't forget to share this entrepreneurial advice with your friends, so they can learn too: https://youtu.be/HoGj3IyHXJU ===================== ABOUT DAN MARTELL ===================== “You can only keep what you give away.” That’s the mantra that’s shaped Dan Martell from a struggling 20-something business owner in the Canadian Maritimes (which is waaay out east) to a successful startup founder who’s raised more than $3 million in venture funding and exited not one... not two... but three tech businesses: Clarity.fm, Spheric and Flowtown. You can only keep what you give away. That philosophy has led Dan to invest in 33+ early stage startups such as Udemy, Intercom, Unbounce and Foodspotting. It’s also helped him shape the future of Hootsuite as an advisor to the social media tour de force. An activator, a tech geek, an adrenaline junkie and, yes, a romantic (ask his wife Renee), Dan has recently turned his attention to teaching startups a fundamental, little-discussed lesson that directly impacts their growth: how to scale. You’ll find not only incredible insights in every moment of every talk Dan gives - but also highly actionable takeaways that will propel your business forward. Because Dan gives freely of all that he knows. After all, you can only keep what you give away. Get free training videos, invites to private events, and cutting edge business strategies: http://www.danmartell.com/newsletter
Views: 2873 Dan Martell
Root Access: Pricing for startups
 
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Pricing your product right is critical for any startup. Macovei Vlad, a viewer, recently asked in the YouTube comment section: What should be the factors determining the initial price of an app and if a correction is needed what should be the transition strategy to a lower or higher price point without upsetting current or future potential customers? Is ad supported the better way to go form the beginning? Don Dodge, long-time investor and startup advocate, shares the pricing strategy he has seen work best for startups. For more Root Access episodes about startups, see the playlist: http://www.youtube.com/playlist?list=PLOU2XLYxmsILjw2c4ImxWXvi4vPrLCjYv
Views: 15521 Google Developers
PRICING YOUR WORK in 2018 - Photo, Video & Design Services
 
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Learn how to price your work/rates for your photography, videography and graphic design freelance services in 2018! This advice will help you find the best prices/rates for you and your clients for the best convenience, profit and best representation of your brand/quality of work. 00:53 - Don't charge an hourly rate 03:13 - An alternative to charging hourly 04:17 - Include everything in your price (transportation, music, etc.) 05:42 - Finding a balance between yes' and no's 06:53 - How much do you think your work is worth? 07:52 - Using leverage (followers/relevance) to increase prices How to Get Clients: http://youtu.be/1wR_eOfyops Getting Your FIRST Clients: http://youtu.be/xNs2GHCa4Ns How to Make Money as a Teenager: https://youtu.be/YAbze-CKv-s How to Make Money Downloading Apps: https://youtu.be/7sBQJ79gC5Y How to Make Money on YouTube: https://youtu.be/BJ7MSKi7SXA How Much Do YouTuber's Make?: https://youtu.be/qsG5usVgMpo Podcast Episode with Kraig Adams: http://youtu.be/8a-TEnTq7Vo WATCH MORE Advice Videos: https://www.youtube.com/playlist?list=PLS26RPOhAS0-WG0yjmc3LWSMXi9Nx75jv Never miss an upload. https://www.youtube.com/stevenvan?sub_confirmation=1 CONNECT WITH ME Anchor: https://anchor.fm/van Facebook: https://www.facebook.com/theStevenVan Instagram: https://www.instagram.com/stevenvan_ Medium: https://medium.com/@stevenvan_ Periscope: http://periscope.tv/stevenvan My Presets: https://www.steven-van.com/products/presets Snapchat: https://www.snapchat.com/add/theStevenVan Tumblr: https://vansteven.tumblr.com Twitter: https://www.twitter.com/@stevenvan_ Website: http://steven-van.com WHAT I USE TO EDIT My Gear: https://kit.com/stevenvan Adobe After Effects CC: http://bit.ly/2y0dQL9 Adobe Audition CC: http://bit.ly/2fNyYuf Adobe Lightroom CC: http://bit.ly/2klMkCZ Adobe Photoshop CC: http://bit.ly/2y2c8sT Adobe Premiere Pro CC: http://bit.ly/2xhxlQw LISTEN TO MY PODCAST Google Play Music: https://play.google.com/music/listen?u=0#/ps/Iq4h6sig3mbosll5g6qol4llk2y iTunes: https://itunes.apple.com/podcast/vancast/id1234121771 Soundcloud: https://soundcloud.com/stevenvan/sets/vancast JOIN THE COMMUNITY Discord Community Channel: https://discord.gg/MUb4KEA Facebook Community Chat Room: http://bit.ly/TeamVanChatRoom Facebook Community Group: https://www.facebook.com/groups/teamvan MY TEAM: Clamarmic: https://www.youtube.com/clamarmicdesigns Darkness: https://www.youtube.com/darkness7 DevilCube: https://www.youtube.com/devilcubetutorials Dragti: https://www.youtube.com/dragti Kimofy: https://www.youtube.com/kimofy Muaaz: https://www.youtube.com/muaaz SkudderArts: https://www.youtube.com/skudderarts TechHow: https://www.youtube.com/techhow Wolfy Designs: https://www.youtube.com/channel/UC-gto5fgzR1524mv0Kbu-qg AFFILIATES Sign Up with Epidemic Music: http://www.epidemicsound.com/youtube-subscription/?utm_source=Affiliate&utm_medium=paid&_us=Affiliate&_usx=StevenVan&utm_campaign=StevenVan Join ScaleLab Gaming: http://scalelab.com/apply/gaming?referral=124766 Join Talentsy: https://my.talentsy.com/r/steven Get TubeBuddy: https://www.tubebuddy.com/steven Get vidIQ: http://www.vidiq.com/Steven#_l_2l _ Music: http://www.epidemicsound.com/youtube-subscription/?utm_source=Affiliate&utm_medium=paid&_us=Affiliate&_usx=StevenVan&utm_campaign=StevenVan Intro & Outro Designer: https://www.youtube.com/devilcubetutorials Business Inquiries: [email protected] If you've read this far down, comment below "#TeamVAN" -~-~~-~~~-~~-~- Brockhampton Iridescence Album Artwork Effect WATCH: https://youtu.be/0DUNIVsZWLk -~-~~-~~~-~~-~-
Views: 6912 Steven Van
Handmade Business - Pricing craft products made easy!
 
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If you don’t charge enough for your handmade products you won’t make any money! You won’t be able to buy new materials, you won’t be able to cover your costs and then you won’t be able to make anymore. Sound scary? It should. Getting your pricing right is crucial to your success! You can’t pluck a number out of thin air and use that to set a price. You can’t ask a stranger how much they would pay. And you simply can’t take the amount a product has cost you and multiply it by two and then times by 4 (honestly I have seen that!). To run a successful business you need to know your numbers and I'll happily show you how. If you are making products which won’t sell because they are too expensive (I’ve rarely known this to actually be true!) then you need to rethink your products/suppliers/marketplace not lower your prices!!! Find out more about A Handcrafted Business Handmade Product Pricing Formula here: https://www.ahandcraftedbusiness.com/pricing Discover everything you need for marketing your handmade products at: www.ahandcraftedbusiness.com https://www.facebook.com/AHandcraftedBusiness/ https://www.instagram.com/nicolasmithonline https://twitter.com/AHandcraftedBiz https://uk.pinterest.com/aHandcraftedBiz
Views: 5589 Nicola Smith
Pricing for Profit: A Simple Formula for Crafters
 
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How much should your pay yourself an hour? http://cr8.lv/aumanbootcampyt When you make your living by selling what you make, pricing will make or break your business. In this clip from the CreativeLive bootcamp with Megan Auman, she shares her formula for pricing wholesale and retail products. Get a complete education on running a profitable and thriving handmade business: http://cr8.lv/aumanbootcampyt CreativeLive unleashes your creative potential by connecting you directly with the world's most inspiring visionaries. Access courses on Photo & Video, Art & Design, Business & Life, Music & Audio, and Craft & Maker at http://www.creativelive.com
Views: 4164 CreativeLive
7 Quick Steps For Product Pricing The Right Way
 
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Pricing your products the right way is so critical that it can change your business drastically by skyrocketing your sales and establishing your business. Product Pricing is a technique used to choose the price at which you sell your products and services. While choosing the price, you should also consider the price of the raw material, the manufacturing cost, the marketplace cost, your competition, the market condition, brand value, and the quality of your product. Here are the 7 Quick Steps For Product Pricing The Right Way: 1. Be Goal Ready 2. Include All Costs 3. Let Your Customers Decide 4. Know What Your Competitors Are Doing 5. Apply Psychological Pricing 6. Use Different Pricing Methods 7. Keep Your Price Flexible Watch this video and explore the 7 Quick Steps For Product Pricing The Right Way. For more insights, read our blog here: http://bit.ly/2puzWQY With all your marketing efforts for your business in place, it's a good idea to have an all - in- one payment solution in place as well. SignUp on PayUmoney now to enjoy the best payment gateway experience and grow your business effortlessly https://bit.ly/2DnSBaN Follow us on: Facebook- https://www.facebook.com/PayUmoney/ Twitter- https://twitter.com/PayUmoney Slideshare- https://www.slideshare.net/PayUmoney
Views: 59 PayUmoney
Pricing Strategy: How to Price Your Product (in Retail, SaaS, Amazon)
 
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There is a DUMB pricing mistake that I see entrepreneurs often make when creating their product pricing strategy? I have made that mistake as well. In this video we are going to talk about how that mistake could be costing your thousands of dollars and How to Fix it. So you can learn from my mistakes. When Williams-Sonoma first introduced a home bread making machine for $275, sales were almost non-existent. But rather than abandon the product, the company brought in a marketing research firm which suggested they introduce a slightly better model that was priced a whopping 50% higher than the $275 model ~ $415 Amazingly, once the higher-priced machine was introduced, sales of the $275 model began to take off. What happened here? People who didn’t knew much about bread making didn’t knew how much that machine should cost to begin with. But providing 2 options, consumers were able to compare it with $415 and $275 and people picked $275 because psychologically it appeared to be “relatively better deal”. So, when creating your product pricing strategy, always remember two things: 1. Have multiple pricing tiers and use 1 tier just for making the other tier's more enticing. 2. Put the Highest tier first, so that Anchoring effect takes in to place and rest of the pricing appears comparatively cheaper to the user. If you have other pricing strategies, please do share in the comments so we all can learn from each other. thank you for your time -V
Views: 140 vishal kalia
How to Price Aliexpress Products for Profit | Aliexpress Drop shipping Pricing Rules
 
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► Get the Free winning product research PDF: https://goo.gl/Ku84da ► Get the FACEBOOK AD COMMANDMENTS (cheat sheet): https://goo.gl/rp6Mu5 In this video I breakdown how to price products properly on your Aliexpress Shopify drop shipping store, for profit. ►►► Subscribe To My Channel Here: https://www.youtube.com/channel/UCGgsPMatst0hSt3FPwWYBxQ?sub_confirmation=1 _ Recommended playlist: https://www.youtube.com/playlist?list=PL-baMqf8RwT2mIKYmmODLlL1yu2w-hR2r Connect with me here: Connect with me on Facebook: https://www.facebook.com/henryfd10 Follow me on Quora: https://www.quora.com/profile/Henry-Hien _
Views: 2778 Henry Hien
5 Big Factors to Consider When Pricing Products for Your Online Store  | Two Minute Tuesdays
 
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http://www.volusion.com - Product pricing can be an intimidating process, especially for first-time online business owners. In a world full of ecommerce sites, it's important for your online store to find the right balance for your product prices, that way you can remain competitive while meeting your revenue goals. For best practices on product pricing, watch today's video for five big factors to keep in mind.
Views: 3816 Volusion
12 Pricing Models for Your Product
 
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Pricing models for your new product or startup. www.productdiscovery.com Take the full course at http://www.udemy.com/business-model-and-pricing-strategy/
Views: 11205 Product Discovery
Pricing your Artwork for Blacksmith Projects // How to Price Your Artwork for Forged Items
 
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How should you be pricing your artwork for blacksmith projects or other handcrafted items? In this video, we will be discussing how to price your artwork for forged items. I’ve come up with a resource eBook to help you price your forged items called the BLACKSMITH CHEAT SHEET [see the vid here- https://youtu.be/e5U_eobHx6s] or you can download the eBook for $10 from our website at http://www.blacksmithpdfs.com . If how to price your product has always been a tough subject for you, we hope this video will shine some light on the subject! Every artisan has different factors on how to price products, but there are some common threads on how to price your work. Of course, how to price handmade items will be more difficult than a common manufactured item where you could calculate exact costs and time going into a batch. An artists pricing strategy is a bit different though. Pricing strategies in marketing vary from artist to artist, but your prices will reflect several main factors... your cost, your time, and what the market will hold. Keeping these factors in mind will help you adjust your pricing for profit. This video is primarily to helps smiths with blacksmithing projects to sell figure out how much to charge. But these things apply to you, even if you aren't a blacksmith selling your art. I hope you enjoyed this video covering our pricing tips. Our next video will be on pricing your art for selling on etsy in 2017: https://youtu.be/RYifLaJF5WQ Find more videos about business and Selling on Etsy in our playlist, "The Business of Blacksmithing": https://www.youtube.com/playlist?list=PLumdiZI5Q3f_a3gMGwI10wqcUoZVe6VWu Check out blacksmith resources at www.blacksmithpdfs.com . If you'd like to visit my youtube homepage, you can do so at www.youtube.com/c/christcenteredironworks.
3 Pricing Strategies Everyone Should Know
 
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Visit www.ground-glass.com for more information. Ground Glass is the wedding photography resource for breaking through barriers and finding real-world business information.
Views: 78461 Spencer Lum
Setting the right price for your products
 
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Business owners talk about how they set their prices to fit well within the market and also make a profit. Further information: https://www.nibusinessinfo.co.uk/content/get-your-pricing-right
How to use Pricing Markup Formula with AliDropship plugin
 
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You will learn how to markup prices using AliDropship plugin and how to make profit dropshipping with AliExpress. More info about the dropshipping find in step-by-step guide: alidropship.com/guide All products imported from AliExpress appear with the original prices offered by a supplier. To get profit from your business you need to determine your pricing rules and set your markups and margins. AliDropship plugin features a profound system for pricing markup - the amount added to the cost of goods to cover overhead and profit. To add a new pricing markup rule click “Add new formula”. First step - select supplier price range and assign an arithmetic operation (addition, multiplication or equality) and enter the value of this operation. If you need additional rules for your formula, you can use additional options. Formulas can be applied not only to all categories but for selected ones as well. Click “Save changes” to add your formula. According to the formula shown on your screen, all products with prices on AliExpress between one and five dollars will be multiplied by two and additional 2 dollars will be added to the final price. So if we import the product that costs 3 dollars on AliExpress, the price on our site will be 8 dollars. Once you get an order, you’ll need to pay your supplier 3 dollars and leave 5 dollars for yourself as a profit. After your formula is added all new products imported from AliExpress to your store will get prices, according to your pricing rules. If you need to apply these rules to already existing products on your site click “Update prices” button. To change all prices back to AliExpress original ones click “Reset prices”. Please note: you can create as many formulas as you need. With the help of pricing rounding feature, you can round your prices. You can also set a specific cent value for your retail price. This value will be used when forming final price for your items. More information about AliDropship features you can find in our Knowledge Base: https://alidropship.com/codex/ #alidropship #aliexpressdropshipping #dropshipplugin #dropshipping #alidropshipplugin #wordpressdropshipplugin #moneyonline
Views: 8249 AliDropship
How to Set Pricing - the Gabor-Granger Price Strategy
 
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Don't know how to set product pricing? Having a tough time deciding how to price your product or service? Using the Gabor-Granger model will help you find the right price points. http://www.VictorAntonio.com
Views: 3907 Victor Antonio
How to Launch Your First Amazon FBA Product: 6 Hacks to a Home-Run Success (w/ Daniel Audunsson)
 
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How to launch your first Amazon FBA product + 6 hacks to make it a home-run success. ►► How to Make $10,000/Month Online: http://wholesaleted.com/4-step There are 2 secrets that you need to know to launch your first Amazon FBA product and make it a home-run success even if it’s your first product. And these 2 secrets are… 1) Sales Velocity 2) Conversions These are the 2 key factors the Amazon algorithm uses when choosing which products will sit at the top of their search results (the search engine accounts for 90% of sales on Amazon). Here is what you need to do to launch your first Amazon FBA product and make it a home-run success (even if it’s your first product): You need to match (or ideally improve on) the sales velocity & conversions of your top competitor for 2 weeks. If you do this… then your item will soar to the top of the search results - and YOU’LL start making all of the organic sales for your product! Hack #1 to launch your first Amazon FBA private label product & make initial sales: Use product giveaways Product giveaways for your Amazon FBA private label product are one of the most powerful strategies at your disposal for massively increasing your sales velocity & conversions. You can’t give products away for free but you can give people a heavily discounted coupon that lets them buy it for just 99 cents, which means you are basically giving it away for free. And this is simple: Sign up for a service like JumpSend or ZonBlast. These services have a huge membership base of people that are keen to purchase heavily discounted items on Amazon. They will then distribute your coupon to it’s members. Not only will this drastically increase your sales, but the conversions will be high: You can expect around 50%. Hack #2 to launch your first Amazon FBA private label product & make initial sales: Lower the price If your item starts getting sales (product giveaways are of course a great way to do this) and traction, you can then attract more sales from simply lowering the price below your competition for a week or two. If your product is already ranked in the top few results and you want to climb to the top, this strategy alone can be enough. Hack #3 to launch your first Amazon FBA private label product & make initial sales: Use SuperURLs When someone clicks on your product listing after finding it using the Amazon search engine, they enter using a SuperURL: It’s a URL containing tracking information that tells the Amazon algorithm that they arrived at your listing through finding it using the search engine. You can give people this URL instead of your usual product URL to trick the algorithm into thinking that people found (and bought your item) through finding it using the search engine. Be aware though, this is a controversial method. Experts like Daniel recommend only pushing through a maximum of 20% of your sales this way. Hack #4 to launch your first Amazon FBA private label product & make initial sales: Use paid advertising You can place paid ads in the Amazon search engine for your item, targeting specific keywords. When someone buys a product through clicking on it, not only will this increase your sales velocity - but it’ll help your product rank organically for that keyword as well. Hack #5 to launch your first Amazon FBA private label product & make initial sales: Increase the conversions on your listing & get reviews It’s not enough to get the initial sales & conversions from drastically lowering your price: You need to have a high-converting listing so that when you reach the top of the search results you’ll keep making more sales than your competitor, otherwise the Amazon algorithm will drop you in the results. Here are some tips for increasing your conversions on your listing: * Have the maximum number of HD photos that are big enough the customer can zoom in on them. * Have a keyword rich product title. * Have multiple bullet points with excellent copy. * Have a descriptive product description that has photos included in it. Be sure to email and follow up with your customers, asking them to leave an honest review. If you do this, you can increase the rate of people leaving a review to as high as 10-15% (compared to less than 5%). Hack #6 to launch your first Amazon FBA private label product & make initial sales: Use Amazon Marketing Services Amazon Market Services (AMS) is an advertising platform that you need to be specially approved for. When you are approved it lets you advertise on lots of pages on Amazon, such as your competitor’s pages. Because it requires pre-approval, most of your competition won’t be using it. So you can use this to place ads in larger amounts than 99% of your competitors and outsell them.
Views: 172818 Wholesale Ted
Pricing Your Products or Services 1
 
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http://garybizzo.com Pricing Your Products or Services Things you need to take into consideration when deciding on a price for your products or services for your new business. Cost of Sales, Overheads, distribution channels etc. http://www.youtube.com/watch?v=oJpFillHQGc
Views: 25 Gary Bizzo
Pricing Methods - How to price your product.
 
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Sandra says: My product is priced way higher than my competitors, what can I do to convince people that my membership has value compared to my competitors? How do I figure out the right price. Do you have questions you need answered, so you can change your life and improve your family’s future? We can answer your questions inside our Flip Your Life Community! We answer member questions in our forums, and twice a month LIVE on member calls! You can TRY ONE MONTH FREE and join us on our next two calls! Click here to learn more about our 30-DAY FREE TRIAL: https://flippedlifestyle.com/free - We are Shane & Jocelyn Sams: former school teachers who started an online business, replaced our income, and quit our full time jobs! Now we help other people do the same. We have helped hundreds of real people succeed and make money online. We’d love to help you too! Learn more about us at http://flippedlifestyle.com/our-story - We’d love to connect with you online! Reach out to us on social at: Facebook - https://facebook.com/flippedlifestyle Instagram - https://instagram.com/flippedls Twitter - https://twitter.com/flippedls iTunes (The Flipped Lifestyle Podcast) - https://flippedlifestyle.com/itunes Don't forget to subscribe to this YouTube channel! - Learn how to start, build, and grow your own online business with our Flip Your Life Blueprint! Get unlimited access to all of our training courses, coaching, and our worldwide community of family focused entrepreneurs now at: https://flippedlifestyle.com/flipyourlife (TRY ONE MONTH FREE. START TODAY!)
Views: 17 Flipped Lifestyle
The Ultimate Pricing Strategy To Charge What Your Time Is Worth - Premium Package Secrets Ep. 4
 
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Business is a game of margin, not volume. In this video, Dan explains his philosophy of how to select the right clients. Watch the whole series here: https://www.youtube.com/playlist?list=PLEmTTOfet46PzqCpdOQn1GCllF_jw6jLr Watch this video until the end to discover the ways to have better clients. ★☆★BONUS FOR A LIMITED TIME★☆★ You can download Dan Lok's best-selling book F.U. Money for FREE: http://ultimatepricing.danlok.link ★☆★ SUBSCRIBE TO DAN'S YOUTUBE CHANNEL NOW ★☆★ https://www.youtube.com/user/vanentrepreneurgroup?sub_confirmation=1 Check out these Top Trending Playlist: 1.) How to Sell High Ticket Products & Services: https://www.youtube.com/playlist?list=PLEmTTOfet46PlgDZSSo-gxM8ahZ9RtNQE 2.) The Art of High Ticket Sales - https://www.youtube.com/playlist?list=PLEmTTOfet46NufVkPfYhpUJAD1OBoQEEd 3.) Millionaire Mindset - https://www.youtube.com/playlist?list=PLEmTTOfet46O591glMGzRMoHaIJB-bQiq Dan Lok, a.k.a. The King of High-Ticket Sales is one of the highest-paid and most respected consultants in the luxury and “high-ticket” space. Dan is the creator of High-Ticket Millions Methodology™, the world's most advanced system for getting high-end clients and commanding high fees with no resistance. Dan works exclusively with coaches, consultants, thought leaders and other service professionals who want a more sustainable, leveraged lifestyle and business through High-Ticket programs and Equity Income. Dan is one of the rare keynote speakers and business consultants that actually owns a portfolio of highly profitable business ventures. Not only he is a two times TEDx opening speaker, he's also an international best-selling author of over 12 books and the host of Shoulders of Titans show. Dan's availability is extremely limited. As such, he's very selective and he is expensive (although it will be FAR less expensive than staying where you are). Many of his clients are seeing a positive return on their investments in days, not months. But if you think your business might benefit from one-on-one interaction with Dan, visit http://danlok.com Or consider becoming a member of his high-level mastermind for experts: http://www.danlokinnercircle.com ★☆★ WANT TO OWN DAN'S BOOKS? ★☆★ http://www.amazon.com/Dan-Lok/e/B002BLXW1K ★☆★ NEED SOLID ADVICE? ★☆★ Request a call with Dan: https://clarity.fm/danlok ★☆★ JOIN DAN'S PRIVATE FB GROUP FOR CONSULTANTS & COACHES ★☆★ Apply here: https://www.facebook.com/groups/highticketconsulting/ Dan hangs out there quite a bit. ★☆★ CONNECT WITH DAN ON SOCIAL MEDIA ★☆★ Blog: http://www.danlok.com/blog/ Podcast: http://www.shouldersoftitans.com/ FB Group: https://www.facebook.com/groups/highticketconsulting/ Twitter: https://twitter.com/danthemanlok Instagram: https://www.instagram.com/danlok/ YouTube: https://www.youtube.com/user/vanentrepreneurgroup Linkedin: https://www.linkedin.com/in/danlok Meetup: http://www.meetup.com/Vancouver-Entrepreneurs-Group-Business-Network/ Amazon: http://www.amazon.com/Dan-Lok/e/B002BLXW1K This video is about The Ultimate Pricing Strategy To Charge What Your Time Is Worth https://youtu.be/ZswgGTkG5ks https://youtu.be/ZswgGTkG5ks
Views: 23809 Dan Lok
Lean Pricing – Pricing Strategies for Startups by Nick Boucart
 
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Pricing is hard: set your price too high, and nobody will buy from you. Set it too low, and you won’t cover the costs to service your customers. Startups need to “discover” their ideal price, a process few founders are comfortable with. In this session, you’ll learn about the economics of pricing, you’ll be presented with 11 different pricing methods, we’ll discuss freemium vs. premium and give you tons of practical pricing advice for your startup.
Views: 2980 Devoxx
The Saddest SaaS Pricing Pages of the Year
 
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Click to learn more about Price Intelligently: http://bit.ly/2o4G3bT Subscribe for more SaaS: http://bit.ly/2ndnioY Imagine if every potential customer who wants to sign up for your product went through the same one—and only one—sales rep. You'd probably want to hire the best sales rep in the game to greet your potential customers. The stakes would be high. Patrick Campbell goes over the saddest SaaS pricing pages of the year. Socials Website: http://www.priceintelligently.com/ Facebook: https://www.facebook.com/PriceIntelligently/ Twitter: https://twitter.com/PriceIntel Instagram: https://www.instagram.com/priceintelligently/ Founded in 2012, Price Intelligently is revolutionizing how businesses price their products and services through technology that leverages existing and potential customers to determine true value. We built our technology because too many companies are relying on faulty data, competitive benchmarks, or "gut feelings"​ to set the most important lever in their business, and therefore are leaving an enormous amount of cash on the table. Essentially, we're nerds and we love it.
Views: 918 ProfitWell
Pricing Strategy - How To Price Your Products/Services And Still Be Profitable
 
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Struggling to find the 'right' price for your products and services? Are people trying to nickle and dime you or are you doing the same? Follow this simple pricing strategy to make sure you are pricing competitively, demonstrating value and remain profitable. SUBSCRIBE To My Channel And LIKE This Video 👍 This is video 27 from my 30 Day Video Challenge. Watch video 26 👉 https://youtu.be/lsxok_GvGHw -------------------------------------------------------- 💬 CONNECT WITH ME ON SOCIAL MEDIA ► https://www.facebook.com/JoinFernandoSosa ► https://www.instagram.com/TheFernandoSosa ► https://twitter.com/TheFernandoSosa --------------------------------------------------------
Views: 4 Fernando Sosa
Pricing the Products
 
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Views: 6335 SellOnFlipkart
How to Price Your Product - a lesson from Seoul’s Namdaenum Market - Luna Vega
 
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I ventured through Seoul’s Namdaenum Market. The market specializes in cheaper-range clothing and accessories. You can find anything your heart desires. The price range in the market went across the spectrum. It got me thinking about the importance of pricing strategy. In order to price your products accordingly, you must follow 3 Steps: 1. Market Research & Positioning 2. Choose a pricing technique 3. Add Up Your Costs To learn more about How to Price your Product go to my blog http://wp.me/p4EscL-3dv Etsy Pricing Calculator: https://craftybase.com/etsy/pricing-calculator Connect with Luna Vega by: Visiting WEBSITE: http://www.lunavega.net Signing-up to NEWSLETTER: http://ow.ly/xBTlI Following on INSTAGRAM: http://instagram.com/misslunavega Following on TWITTER: http://twitter.com/misslunavega Video shot with GoPro and Sony A5000 Thanks for watching!
Views: 267 Luna Vega
V001 The Pricing Strategy that ONLY TOP 1% of Entrepreneurs Know
 
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Setting the RIGHT Price for your products and services are crucial for your business. Uncover the secret Pricing Strategy from the TOP 1% Entrepreneurs. MUST WATCH!! Do you know that majority of Entrepreneurs, Start-ups and Business Leaders have it ALL wrongs when come to pricing their products & services? Do you know that simply a few percentages (%) different in your profit margin will have a huge impact on your business final net profit? Have you ever been tracking your business profit margin vs. your monthly fix costs? If you have NO ideas what I'm mentioning on the above, then you better click on this video and watch it till the end, I guarantee you will be amazed and could make you a lot of money $$. This is the Pricing Strategy only the TOP 1% of Entrepreneurs know and since long been practising. Are you among the TOP 1%? #SmallFishBusinessCoach #ProfitMargin #GrossProfit #NetProfit #PricingStrategy #PriceAfterCostIncrease Subscript to this channel for more business tips FB: www.facebook.com/SmallFishBusiness Website: www.smallfish.com.my Twitter: @leikhong
Views: 61 leikhong leow
Value Based Pricing: How To Use a Pricing Axis To Grow Your SaaS Company's Revenue | Dan Martell
 
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Are you leaving money on the table in your Software / SaaS startup? In this video, I share the 4 most common ways to add additional pricing axis to your product so you can take your startup to the next level. Are you an entrepreneur? Get free weekly video training here: http://www.danmartell.com/newsletter + Join me on FB: http://FB.com/DanMartell + Connect w/ me live: http://periscope.tv/danmartell + Tweet me: http://twitter.com/danmartell + Instagram awesomeness: http://instagram.com/danmartell How do you increase your product lock-in? How do you increase your prices without upsetting your customers? The other day I was reading a great blog post by Brian Halligan, CEO and Co-Founder of Hubspot on going from Startup to Scale-Up. One area that I loved was his thoughts on the “Monetization Decision” What they realized is that early on they were lacking multiple pricing axis. At the time they only had one when companies like Salesforce had 4. That’s something we learned when building out Flowtown, our SaaS product that allowed companies to get social and demographic data appended to their customer email list. If you look at the top 250 software as a service businesses, most have an average of 2-3 different ways to extract value from their software. So in today's video I want to share the 4 most common ways to add additional pricing axis to your product. Here they are: 1) Plans: This is a no brainer and most SaaS companies offer different tiers of plans or packages for their products. 2) Number of Seats: If your product allows for it, charge for additional accounts or access to more admin features for teams. 3) Add-Ons: Many times this can be a 3rd party integration, or some feature that has a direct cost to you for providing but that you can upsell to your customers. 4) Other Services: This would be if you have any other products or solutions within your organizations. At Salesforce.com, these are their other Cloud product suites like Support & Marketing. The key is to provide other elements of your solution as upsells or revenue maximizers so that your salespeople have something to offer to increase their Average Contract Value (ACV). Using these strategies will allow you to improve your profitability and re-invest in marketing and sales activities to take your startup to the next level. Upgrade your pricing axis. Uplevel your profits. Simple math. With gratitude, – Dan Don't forget to share this entrepreneurial advice with your friends, so they can learn too: https://youtu.be/pXPqSrNImWQ ===================== ABOUT DAN MARTELL ===================== “You can only keep what you give away.” That’s the mantra that’s shaped Dan Martell from a struggling 20-something business owner in the Canadian Maritimes (which is waaay out east) to a successful startup founder who’s raised more than $3 million in venture funding and exited not one... not two... but three tech businesses: Clarity.fm, Spheric and Flowtown. You can only keep what you give away. That philosophy has led Dan to invest in 33+ early stage startups such as Udemy, Intercom, Unbounce and Foodspotting. It’s also helped him shape the future of Hootsuite as an advisor to the social media tour de force. An activator, a tech geek, an adrenaline junkie and, yes, a romantic (ask his wife Renee), Dan has recently turned his attention to teaching startups a fundamental, little-discussed lesson that directly impacts their growth: how to scale. You’ll find not only incredible insights in every moment of every talk Dan gives - but also highly actionable takeaways that will propel your business forward. Because Dan gives freely of all that he knows. After all, you can only keep what you give away. Get free training videos, invites to private events, and cutting edge business strategies: http://www.danmartell.com/newsletter
Views: 8879 Dan Martell
ARealChange.tv Episode #86- PRICING! How To Price Your Products Competitively
 
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http://arealchange.tv/2013/11/pricing-how-to-price-your-products-competitively-in-a-mobile-driven-world/ Today's episode is going to help a lot of you make more money! It will ALSO help you to attract better clients, get more referrals and ultimately, build the kind of business you can be proud of. Pricing is that critical to the success of a business. Everyday in my coaching and consulting practice I see people who have a great product, amazing message and even the right clients, but their pricing is WAY off. It's either overpriced or underpriced. Their either overinflating what you have to offer or they are devaluing themselves. In today's video training I'm going to give you three practical tips you can use today to make sure your pricing is on target and will bring in the most amount of sales possible. Grab a pen and paper, be sure to take great notes! You might want to write this down on a post it note and keep it close by at all times. ​Let's watch now!
Views: 1844 Sandi Krakowski
Pricing strategy - The Price isn't right
 
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Robert Browne, KPMG Partner provides a concise introduction to the key pricing issues and opportunities.
Views: 2105 KPMGUK
Food Costs Formula: How to Calculate Restaurant Food Cost Percentage
 
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What is the food cost formula and how can you use it to calculate your restaurants food cost percentage. I will explain everything you need to know about food costing in this video. As a restaurant owner, manager, operator or chef, you have to know how to calculate your food cost so you can lower expenses and increase your profits. If you enjoyed this video and want more just like them including a free training series called the foundation to a lifetime of restaurant success. Click Here: http://TheRestaurantBoss.com To subscribe to my you tube channel, Click here: http://www.youtube.com/subscription_center?add_user=gromfinboss
Views: 504931 The Restaurant Boss
Pricing Your Products For Profit: Interview with Denise Duffield-Thomas
 
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Here are some free resources that you can tap into: + Pricing workshop with Denise: http://bit.ly/Lucky-Bitch-Pricing-Workshop + Mel's Facebook group for product-biz owners: http://bit.ly/productpreneurs + Setting wholesale prices: http://bit.ly/wholesale-challenge
Views: 214 Melanie Sorensen
The Marketing Mix - Pricing
 
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On Facebook: https://www.facebook.com/365careers/ On the web: http://www.365careers.com/ On Twitter: https://twitter.com/365careers Subscribe to our channel: https://www.youtube.com/365careers This lesson on Marketing strategy introduces the concept of Pricing. Watch more at https://www.udemy.com/mba-in-a-box-business-lessons-from-a-ceo . This video is part of a series of short lessons about Business Strategy. The complete module can be found on Udemy, as a core part of the MBA in a Box course by CEO Valentina Bogdanova and 365 Careers. The course provides a complete Business Education: Business Strategy, Management, Marketing, Accounting, Decision Making & Negotiation in just under 10 hours. -------------------------------------------------- Marketing module table of contents: Marketing: An Introduction Introduction to Marketing What is Marketing's role? Who works in Marketing? Marketing's key processes Marketing: Building a Marketing Strategy What is a marketing plan? The psychology of customers - needs, wants, and demands Conducting marketing research The different stages of marketing research Collecting Primary Data for Marketing Research Performing client segmentation Choosing a target customer group Marketing: How to set up an effective Marketing Mix The four Ps of Marketing and their importance Marketing: How to set up an effective Marketing Mix - Product decisions The product concept Classifying a firm's products The typical product lifecycle Product branding Product packaging Marketing: How to set up an effective Marketing Mix - Pricing decisions The variables influencing product pricing The demand curve Performing break-even calculations Marketing: How to set up an effective Marketing Mix - Place decisions Setting up product distribution Types of distribution channels The advent of e-commerce Marketing: How to set up an effective Marketing Mix - Promotion decisions The essence of marketing promotion Creating a marketing campaign The importance of social media Marketing: How to set up an effective Marketing Mix - A dynamic concept The four Ps of Marketing - A dynamic concept Marketing: Marketing strategy in the long run Allocating the funds available for Marketing - The budgeting exercise Using KPIs to improve decision-making Short-term vs. Long-term marketing goals Interpreting and calculating the Customer-Lifetime-Value formula -------------------------------- Pricing is the one variable a company can change overnight and see an immediate effect on revenues and profits. However, pricing decisions inconsistent with a firm’s competitive strategy can be dangerous, which is why companies should address the topic with much caution and attention. There are three important components we need to distinguish in this process. The amount a product costs to be produced, the price customers pay to buy the product, and the value they acquire from the product. If a company aims at cost leadership, then the focus will be costs (trying to keep them as low as possible). The company must offer a price slightly lower than the one offered by competitors. Conversely, if a firm’s strategy is differentiation, then the critical factor will be the value delivered to customers. Costs are not that important, as companies offering a differentiated product can charge more. So, pricing must be coherent with competitive strategy, although sometimes it is tempting to adjust prices to stimulate short-term gains of market share and increases of sales. Top-level managers have to stay focused on the big picture and make coherent decisions in line with the firm’s long-term strategy.
Views: 18760 365 Careers

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