Coffee Break Blogging
Coffee Break Blogging
David Risley: Online Entrepreneur, Blogger, Blog Marketing Strategist
How Do You Figure Out What Price To Charge? (Episode #135)
20 minutes Posted Nov 21, 2015 at 5:00 pm.
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Figuring out your price for your product is usually a touchy subject. What if you price it too high and nobody buys it? What if you shoot too low?

This is an episode you might want to have a note paper handy for before listening.

In this episode, we'll discuss:
  • The most common mistake product creators make when pricing their product
  • How YOUR perception of value of your product can be different than your customers...
  • The basis for determining your price
  • How to survey your audience to find out what they'd be willing to pay
  • How to ask them what they'll pay without directly asking
  • 4 specific questions to learn price sensitivity
  • Looking at the prices of your competition... and how to compete with them

This is a meaty episode. Get ready. :-)

So let us get in to our topic for today, which is pricing.