FRAMEWORK FOR ENTREPRENEURS TO PRICE YOUR PRODUCTS & SERVICES

One element that makes or breaks any business is how well you have priced your products or services. Unfortunately, majority business owners have absolutely zero clue on what frameworks or what principles to utilize in creating the right pricing strategies for their target market keeping both theirs and customers win in mind. So today, Ameet Parekh want to demystify the exact parameters that you need to focus on as an entrepreneur when pricing your products or services, and for business owners who already have their products and services in the market you can use these parameters to analyze whether you have done your pricing the right way or not. So let’s get in to the framework Ameet Parekh’s Review System. 1.Conduct a market research: This is the first step for any business owner when they are approaching pricing their products or services.There are a couple of factors within your target market which will directly impact your pricing decisions. Let’s underst...