How To Price Your Products

Inc realise pricing a product is probably the toughest thing there is to do. One of the secrets to business success is pricing your products appropriately. Price your products correctly and that can enhance how much you sell, creating the foundation for a business that will prosper. Get your pricing strategy wrong and you may create problems that your business may never be able to overcome. When pricing your products consider the following factors:

• Know your customer
• Know your costs
• Know your revenue target
• Know your competitors
• Know where the market is headed 

Read more at http://www.inc.com/guides/price-your-products.html

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