The revenue model is an important part of your business model because everything that you create in your business model will need to be evaluated through the revenue model. The success of your business model and the success of your small business often will be based on the success of your revenue model. If your […]
6 Questions to Create Your Small Business Revenue Model Read More »
Do you know how to implement price setting process that will ensure the right prices for your products and services? The price for which you will sell your products or services is one of the most important factors of your business success. You can have a great sales process, or a large customer base, and make
Your Ultimate Pricing Guide: 10 Steps for Price Setting for Your Products Read More »
One of the biggest problems for entrepreneurs is the price as the only competitive differentiation from competitors. So, how can you effectively compete with cheaper competitors? Yes, this is one of the biggest problems, but only for companies without enough knowledge about possible solutions for their pricing strategies. Generally, there can be several things that
How You Can Effectively Compete With Cheaper Competitors Read More »
Your small business in large part will depend on creating and shipping value to the customers. There are really strong correlations between your ability to create and ship exceptional value to your customers and the success of your small business. The important thing when we talk about businesses is their pricing strategy, but also their
Your Pricing Strategy vs Value You Are Shipping to Your Customers Read More »
We have already talked about four ways to increase prices for your business. In that post, I’ve described four different techniques to raise your prices based on different situations as a reason for that step. But, the real problem when we talk about raising the prices is the customer’s perception. I don’t know entrepreneurs who
How to Raise Your Prices Without Losing Your Customers Read More »
When we talk about prices, it is a very sensitive question for each entrepreneur. Higher prices mean more profit, but on the other side, it’s also dangerous to lose some of your current customers. So, how can you increase price rates without losing customers? Sometimes as an entrepreneur, you are forced to increase your price.
4 Techniques You Can Use to Increase Price Rates Read More »
