Creating your Business Market Strategy Approach

26/09/2019 22 min Episodio 14
Creating your Business Market Strategy Approach

Listen "Creating your Business Market Strategy Approach"

Episode Synopsis

Pricing
Accounts for two-thirds of the market and one-third financial
If your price is not correct, your marketing plan will fail
If the price is too high the Niche won’t sell
If the Price is too Low the company won’t be profitable



 
Profit Margins can help you obtain the correct price point
Profit Margin = (cost)    –    (sale price)
Consider obtaining a 33% profit margin



 
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