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Virtual Business Coaching Session No.3
How To Set Your Prices For Maximum Advantage!
In this session, we explore the common myths about pricing. Want to set your prices on your terms to achieve what you want? In this session, we’ll show you how to rise above price-wars and take control of your prices to accelerate your profits.
- We look at what your price determines.
- We look at the 9 ways people fail at pricing.
- We look at commodity pricing and how it affects pricing thinking.
- We look at the 5 ways people set pricing and the best way to set your prices.
Watch the video here.
Here are the resources associated with this session.
They are all focused on helping you understand and communicate the value your business delivers.
Hit the Blue button to download a copy of the value decoder: A step-by-step process for decoding the value that your product or service delivers, allowing you to set a value-based price.
Hit the Red button to access a spreadsheet that will produce a breakeven analysis for you (for indicative purposes only).
Click the green button to download the workbook which goes with this session.
Click the Purple button to access our pricing worksheet (A comprehensive pricing spreadsheet for you to adapt and use).
Business Book Summary (The 80 / 20 manager).
It is increasingly difficult for today’s successful business owners to dedicate hours every day to read the business books they need to digest, to keep moving forward. This is why we’ve started our “Done for you” business book review reading service, where we distill the essence of a business classic into a short readable chunk that you can read in about 20 minutes.
The book we’ve selected to go along with this Session is ‘The Art Of Pricing’ by Rafi Mohammed. This is the seminal book on understanding how to use pricing as a path to advantage. Buy On Amazon
Click the image to read the book summary.
Commitment Form
Click on the image to access the commitment form. Remember that the commitment form is about holding yourself accountable. You’re going to make a commitment to get something done before the next session. This doesn’t have to be a big thing but it does have to be something that moves your business forward. Progress is often made in baby steps rather than large strides.
Once you hit submit on the form you will receive an email which will contain a PDF listing your commitment/s. I would recommend printing this out and signing it. Then place somewhere you will see it on a regular basis to remind yourself of the commitment you made.