3 Rules to Keep Your Pricing Fair
To maximize the profit increase you can achieve through pricing, you must use some form of price segmentation. After all, not all customers have the
To maximize the profit increase you can achieve through pricing, you must use some form of price segmentation. After all, not all customers have the
Often people ask if I offer consulting services. I hate that question because I have to honestly answer no, but then explain I offer advisory
What is the difference between a 75% gross margin, and 50% gross margin? That’s easy, 25%. So, you might be tempted to jump to the
I came across a great pricing insight a while back on a day when my car battery died. After unsuccessfully attempting to replace it myself
What exactly is the role of variable costs when it comes to pricing? This might already be obvious from the post “Fixed Costs Matter to
It’s true. Your fixed costs matter sometimes, but they are not relevant to your pricing decisions. Your prices should be determined by your customer’s willingness
Good, better, best is a pricing technique every business should consider. It is a subset of versioning that leverages the psychological workings behind how your
A friend of mine sent me this: I wanted to share a strange pricing mechanism that I encountered in the wild. My uncle recently shared
Let’s take a stroll back in history. A New York Times article from 2010 detailed the changing pricing strategy by some major league baseball teams;
In our previous post, we discussed when you ought to end your prices with 99 cents. Today, let’s look at when you would use a