Since reaching a peak of over 9% in 2022, inflation appears to finally be cooling for the average consumer. As costs rose ...
Making up an essential part of your business model, the price of your product or service is one decision you don’t want to get wrong. Price too low and you could not only be missing out on profits, ...
For us, the key wasn’t simply in procurement or supply chain logistics. The “unlock” was engineering and design.
QUESTION: I am in a quandary about how to price my products. Can you please provide pricing options for products and services? ANSWER: There are a number of pricing options, depending on the type of ...
How to Price Homemade Goods for Profit Whether you’re selling homemade candles, jams, crafts, soaps, or baked goods, the ...
QUESTION: I own and operate a small hardware store. We have a wide variety of household items and stock only name brand items. How do we compete with the “big box” stores who compete on price alone?