This workshop will help you understand various strategies for pricing and how to calculate your break-even point. We will go over the elements that you need to look at to determine your pricing, like product or service costs, COGS, break-even points, other revenue needs, customer factors, and competition. We will also discuss the market-driven factors which influence your pricing strategy
Attendees will walk away with an understanding of:
- Pricing Strategies
- Fixed vs. Variable Costs
- Cost of Goods Sold (COGs)
- Break-Even Calculation
- Common Pitfalls of Pricing
- When to Adjust Prices