Last Updated 27 Jul 2020

The Secret to Pricing Your Products or Services

Category business, Product
Essay type Research
Words 89 (1 page)
Views 44

One of the most important details for any business: Determining the prices for your products and services. In this video – filmed during a recent event sponsored by The UPS Store® and Entrepreneur – Marcus Lemonis, host of CNBC’s The Profit, explains the difference between what he calls the “Cost Plus” and “Market Minus” strategies.

Haven’t found the relevant content? Hire a subject expert to help you with The Secret to Pricing Your Products or Services

Hire verified expert

Ultimately, you want to “understand where the market sells or delivers that service and find yourself somewhere at or below that,” Lemonis says. Sometimes that’s easier said than done. For more, check out the video above.

Haven’t found the relevant content? Hire a subject expert to help you with The Secret to Pricing Your Products or Services

Hire verified expert

Cite this page

The Secret to Pricing Your Products or Services. (2018, Oct 02). Retrieved from https://phdessay.com/the-secret-to-pricing-your-products-or-services/

Not Finding What You Need?

Search for essay samples now

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Save time and let our verified experts help you.

Hire verified expert