Browsing Tag

pricing

11 posts
new business finances
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5 Tips for Getting Your New Business Finances Set up for Success

Over 3.2 million Americans filed a business application in 2020, 500,000 more than in 2019. Are you a member of this group? If so, you're proof that the entrepreneurial spirit is alive and well in America despite present day challenges. As a new business owner, you're likely struggling with where to spend your valuable resources...
business idea
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Is Your Big Idea Investor-Worthy? Ask Yourself These 4 Questions Pre-Launch

Entrepreneurs certainly aren’t lacking for ideas — but that doesn’t mean every concept is worth pursuing. It’s not enough to separate the good ideas from the bad. It’s about identifying the great ones. Investors want to know you have an idea that can scale and deliver an attractive return on their investment. For an early stage tech...
health food
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7 Steps for Getting Your Health Food Product to Market

There’s never been a better time to launch a health food product. In 2018, organic food sales in the U.S. rose 5.9 percent. Additionally, the global gluten-free market is slated to reach $12.5 billion by 2024. While we’ve never seen such thirst for healthy products, that doesn’t make getting a health food product to market...
product
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8 Highly Successful Entrepreneurs Share Their Best Advice for Getting Customers to Buy Your Product (No Matter What it Costs)

Price is one of the most crucial considerations in any business, and it’s important to charge what you’re worth. We asked these master salespeople, including Bulletproof founder, Dave Asprey, and advisors in The Oracles, how to convince customers your price is worth it — especially when you charge a premium. 1. Offer a quality product and...
challenges
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3 Challenges Every Entrepreneur Must Face and How to Overcome Them

The circumstances of starting a business vary greatly, depending on the business model. In my own entrepreneurial journey, I started out as a solopreneur with just my skills and my laptop. No matter how you start, there are a number of challenges every entrepreneur must face at some point. Here are some of the most...
subscription service
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Want to Launch a Subscription Service Like Amazon Prime? Do These 3 Things First

With free shipping and the ability to read, shop and stream movies and music on your electronic devices, Amazon Prime's subscription service couldn’t be more spot-on about its membership offerings. Many entrepreneurs might see how successful Prime’s service is and want to emulate that success. But where do you begin? If you’re considering launching a...
growing
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My Startup Isn’t Growing, What Should I Do?

The recipe for small business growth is an imprecise one. Mix one advertising campaign and two new salespeople and let rise? Or is it one social media marketing campaign and three new customer service reps? It’s tough to decipher and is based on your startup’s unique structure. If you’re thinking, “My business isn’t growing, what...
Price
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This Growth Hacker Shares Why You Should Price Your Startup Honestly

The advice no one tells you when you are running a startup: pricing will make or break your market position. Many small startups and solopreneurs have no idea how to price effectively. They think everyone is going to pay inflated rates. Who can blame them, when no one is educating them on how to price?...
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How to Set Profitable Pricing

After investing hours researching your new business idea, it is easy for the new entrepreneur to forget that the essence of business is not how eye-catching your business card is or how well-organized your home office appears. It is simply one reality-you must make a profit as quickly as you can and continue to make...
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The Price is Right. Or Is It??

Pricing your products and services is both an art and a science. Get it right, and you can secure yourself a profitable future. Get it wrong, and you'll find yourself without orders and going out of business. Effective pricing is critical to your business success. It plays a huge role in your company's viability and...
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The Price is right: The Four Ps of Marketing continued

Once you have created your product and decided where to market your business, it’s time to determine a price for your services. Setting a price for your products or services is not always a simple task, and may require a great deal of market research in your industry to establish a fair price. You will...