Better Business Founder

Mindful Mondays - Pricing (1): Changing Your Price Point


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Every Monday I share with you a specific foundation idea which I hope is a small dose of inspiration to help you jumpstart your week.
Today our Mindful Monday's episode is about a business issue and I want to talk about pricing your product. I know that it’s a tricky issue as many fashion business entrepreneurs asked me how they should calculate their prices. Setting up the right price for your product is crucial to ensure the success of your business in your market. And as usual, there is no straightforward answer, and I will tell you that it depends on your strategy and what you are trying to achieve.
But there are some concepts you must have in mind, and that can help you understand the implications of your prices when you do the calculation, and this episode is the first of a series on pricing.
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Better Business FounderBy Leekei Tang

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