Are Your Prices Making a Profit? Pricing Strategies

Financial Snickens

Mar 14 2024 • 8 mins

For any business to be profitable, services must be priced appropriately. Business owners need to regularly set profit margin goals and adjust pricing accordingly.

In this episode, I break down cost-based and value-based pricing, and tips for competitive prices that keep clients happy and revenue goals on target.

In this episode, you’ll also hear:

  • Covering costs and profit margin
  • Advantages of value-based pricing
  • When to change your pricing strategy

Must-listen moments:

[00:00:38] We think if we do more sales, we'll be profitable. But if you haven't priced your services correctly,