💡Did you know that a tiny 1% increase in your prices could lead to a disproportionately massive boost in your company's bottom line?
💡Have you ever wondered why the businesses that charge the least often struggle the most to survive and grow?
💡What’s the secret to moving beyond 'cost-plus' pricing and finally charging what your product is truly worth to your customers?
Listen to Pricing For Profit — Free Audiobook
Loading player...
Key Takeaways from Pricing For Profit
✓Discover why raising your prices is the simplest and most effective way to boost profits, as statistics show customers leave due to poor service rather than higher costs.
✓Understand why you should abandon flawed strategies like cost-plus pricing and instead base your rates entirely on the unique value your product brings to the customer.
✓Master the art of communicating your product's true worth by offering transparent price ranges and clearly explaining the added value of premium options.
✓Find out why hiding price tags can actually scare away potential buyers and how displaying your costs clearly eliminates perceived risks for first-time customers.
✓Learn how to use strategic wording, such as specific sale signage, to effectively communicate a bargain's value and compel shoppers to make a purchase.
Pricing For Profit — Full Chapter Overview
Chapter 1: Recommendation
Chapter 2: Raising prices is the simplest and most effective way to increase profits significantly.
Chapter 3: Setting prices requires understanding your product’s value to customers.
Chapter 4: Customers decide what to purchase based on the relationship of price to value.
Chapter 5: Presenting prices properly is essential to winning over customers.
Pricing For Profit Summary & Overview
Pricing For Profit (2013) is a practical strategy guide for pricing. These blinks use real world business examples to paint a comprehensive picture of how to optimize your pricing and maximize your profits.
Who Should Listen to Pricing For Profit?
Any business owner who is concerned about their company’s lackluster growth
Every entrepreneur and anyone who sells anything
About the Author: Peter Hill
Peter Hill is an accountant with over 30 years of experience, a popular speaker and a host of seminars on pricing and profit for clients like Lloyds and HSBC.