11.21.2015 - By David Risley: Online Entrepreneur, Blogger, Blog Marketing Strategist
Figuring out your price for your product is usually a touchy subject. What if you price it too high and nobody buys it? What if you shoot too low? This is an episode you might want to have a note paper handy for before listening. In this episode, we'll discuss: The most common mistake product creators make when pricing their product How YOUR perception of value of your product can be different than your customers... The basis for determining your price How to survey your audience to find out what they'd be willing to pay How to ask them what they'll pay without directly asking 4 specific questions to learn price sensitivity Looking at the prices of your competition... and how to compete with them This is a meaty episode. Get ready. :-) So let us get in to our topic for today, which is pricing.