Home-based service pricingQuestion How do I price my home-based business services?
Answer The fundamental elements of pricing any product or service are:
- Cost of acquisition and marketing by provider - Market prices for similar offerings - Perceived value by customer - Profit margin for the company Your service pricing should be no different. Be sure not to think of what you charge as a wage. Your pricing must have a factor in it for each of the above elements.
Brain Trust contributor:
Co-Author of The 30 Second Commute
Related Categories: Cash Managment, Entrepreneurship, Home-Based Business, Marketing, Branding, Advertising, Selling
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