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Ten better ways to frame your pricing

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Ten better ways to frame your pricing

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No matter what industry your work in, there are always better ways to frame or position your pricing. It could also mean the difference between a successful and an unsuccessful product, winning or losing the business or profit and loss.

In this episode of ‘Ten Things’, I take a look at ten ways you can better frame your pricing, including:

  1. Don’t over-complicate your pricing
  2. Don’t talk about costs
  3. Talk about value instead
  4. Know your customer and your competition
  5. Try and link your pricing to a customer value metric
  6. Manage discounting
  7. Don’t condition your customers
  8. Consider selling a good as a service
  9. Understand behavioural economics, and
  10. How to negotiate with a Pitbull

I have no doubt there is something in here for everyone, regardless of what business or industry you are in.

Enjoy!

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Jon Manning

Jon Manning is principal consultant at Sans Prix, and founder and managing director of online pricing advisory service, PricingProphets.com.

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