Pricing your first Service or Product
Pricing Your Product or service.
If you wish to watch the video; https://youtu.be/LUQU9849kB0
If you are just starting your first business you need to have a handle on what your should be charging for your product or services.
The first thing I would do is research similar product or services
How much do these goods cost?
For services setting pricing may be a bit more difficult, since rates are typically tied to experience or level of service provided
On the product side you need to make sure that you are able to cover all of the expenses of manufacturing and marketing your product, while meeting meeting retail and wholesale pricing requirements
If you have questions on setting your pricing, hit me up.
I would be happy to help.
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