Posts Tagged ‘how to price my product for retail’

How to Price Your Product for Retailers

Millions of inventors and entrepreneurs set out every year with good ideas and great products, but what separates the many from the few is executing the fundamentals. One of these basic tenants that many businesses struggle with is setting the right price on your product and achieving the delicate balance between making a profit and…

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Getting to the Point on Price Points

If you’ve ever watched late night TV, you’ve undoubtedly heard the phrase “just five easy payments of only $9.99!”  But when the infomercial discusses the price of competing products we hear “they can cost up to $100!” Wow!  Suddenly the advertised product’s cost seems like an even bigger bargain. The next thing you know, you’re…

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