Do you struggle with pricing your products? Or worry that if your prices are too high and that no one will buy from you or that your current customers will abandon you?
Or do you fear being perceived as too expensive, or that you or your product are not worthy of value?
Price drives perception in the marketplace and price drives perception of value.
Today, I’m diving into pricing and profit and knowing when to raise your prices and how to do it in a way that feels comfortable for your business and for your brand.
And how to do it in a way where you’re not just throwing darts at a dart board and thinking, “I hope this price works for my product.”
So, if you are ready to understand the strategy of pricing your product offering and how and when to raise your pricing then this episode is for you!
Episode Highlights:
- Challenges of pricing and profit for entrepreneurs
- Strategic pricing and the impact it can have on your business
- Consumer mindset when it comes to pricing and perceived value
- Knowing when to raise your pricing
- What happened when one boutique store 10x their prices
- Strategies for maximizing profitability
Resources & Links
Be one of the first 100 to access the Product Marketing Bank here.
Check out my Faire Visibility Playbook course here.
Want to get my eyes on your Faire site? Book a 1:1 Site Audit here.
Ready to learn how to automate your backend wholesale workflow? Checkout Wholesale Growth Engine
Connect with Andee Hart @ She Sells Differently
🎥 Youtube
If you enjoyed this episode:
✅Sign up for weekly reminders so you never miss an update on how to increase your sales and optimize your marketing operations without losing the personal client touch.
You can grab free resources here: https://andeehart.com/resources
✅Subscribe to the She Sells Differently Podcast, where I deliver new episodes every Wednesday.
