Finkel, Ed
Professional services companies aren't a "one-size-fits-all" category. As such, there are several ways they can figure out a pricing strategy that would be successful for their individual needs. Each requires an intimate knowledge of different aspects of your busi...
6 steps to create a retail strategy Creating your retail strategy requires a mix of methodical and creative thinking. Here are six basic steps: Do market research Define your value proposition Decide what products you’ll offer Develop a pricing strategy Choose a channel strategy Market your stor...
A pricing strategy determines how businesses set the price for a product or service. Discover the best method for your small business with our complete guide.
Gathering customer data helps you understand the general makeup of your customers and quantify the value people derive from your product, so you can drive your pricing strategy accordingly. Surveys are a very effective and relatively fast way to obtain information, but you need to be smart and ...
Business owners must choose the best pricing strategy for their products and services to maintain a competitive edge with healthy profit margins. There are many different types of pricing strategies to choose from, including those that adjust to demand, change with the seasons, or aim to penetrate...
Well, listen or read this pricing article and it will make sense in a few minutes. Right click to save this episode. Sean D'Souza:Three Month Vacation Pricing Strategy: How To Increase Prices From Left To Right (Or Right To Left) Pricing Strategy: How To Increase Prices From Left To ...
How to develop a brand strategy Now that we’ve covered the definitions and importance of designing a brand strategy, let’s dive into the key elements of your strategy. Each of the following elements is critical for business success. Each one plays a role and builds upon the others to cre...
Premium pricing is for businesses that create high-quality products and market them to high-income individuals. The key with this pricing strategy is developing a product that is high quality and that customers will consider to be high value. You’ll likely need to develop a “luxury” or “...
Challenges in developing a recruitment sourcing strategy How to develop a recruitment sourcing strategy Developing a recruitment sourcing strategy Step 1. Evaluate your company culture and needs. Step 2. Make use of talent-sourcing channels. Step 3. Utilize applicant tracking systems (ATS). Step...