How to price products for your small business | How I price my products & Pricing Strategies

If you’re struggling to price your products for your small business and don’t know where to start, you came to the right place! You will learn the pricing strategies people use, and which pricing strategies I use! Pricing products correctly for your small business is crucial to you getting sales, it can make or break your business. Enjoy the video!
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Chapters:
00:00:00 - Introduction to Pricing Strategies
00:00:31 - Dismissive Pricing vs Aggressive Pricing
00:00:52 - Confidence in Pricing Strategy
00:01:13 - Common Pricing Strategies
00:01:37 - Quality and Competitor-Based Pricing
00:02:10 - Cost Plus Pricing Strategy
00:02:36 - Increasing Profit by Pricing Strategy
00:03:02 - Determining Product Demand
00:03:28 - Estimating the Cost of Handmade Products
00:03:53 - Analyzing Competitor Prices and Offers
00:04:18 - Choosing Your Pricing Method
00:04:40 - Selling Products through Live Stream
00:05:01 - Researching Aggressive or Dismissive Approach
00:05:25 - Pricing Rare Products
00:05:47 - The Power of Selling Unique Products
00:06:09 - Custom Victorian Sunglasses
00:06:31 - Wholesale Handbag Duo Sales
00:06:57 - Pricing and Wholesale Options
00:07:21 - Pricing Strategy in the Online Marketplace
00:07:44 - Determining the worth of your handmade product
00:08:09 - Calculating the Cost of a Product
00:08:31 - Pricing Your Products
Who Am I ?
I'm Glam and I'm a full-time entrepreneur. I’m super excited to be able to help others start their small business journey successfully! I am a mentor, I’m a Shopify website developer, and I’m the CEO of Reinventing Glamour. This channel is all about my small business, and helping small businesses & a drop of personal life!

[@reinventinglamour]

Website to shop 👜 www.reinventinglamour.com 🛒🛍️