Pricing Products and Services

Pricing Products and Services

by YourBoard | The Science of Business

Pricing Products and Services

This video discusses the philosophy behind how you should price your products and services.

Frequently Asked Questions

What should you keep in mind regarding pricing policies?

Pricing policies and practices depend heavily on whether your product or service is a commodity oriented offering with a price marker that clearly exposes the price range or a custom product where the customers place value on it based on what their level of need is for solving a problem.

What is the No Book Price?

The No Book Price is where everything is custom and priced accordingly.  Part of pricing a custom product or service is knowing how much the market will bear or how much value a particular “pain” will place on it.

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