The 5 best pricing methods - How to choose a pricing strategy for your business
Setting the price of a product or service can be challenging for new entrepreneurs, but there are structured processes for determining the best price for your business.
In this webinar, we’ll cover five pricing methods and how to implement them. We’ll also discuss the advantages and disadvantages of each pricing method and demonstrate which pricing method is best for each type of business.
Learning objectives:
- Value Added Pricing
- Cost Plus Pricing
- Modified Cost Plus Pricing
- Competitive Pricing
- Value-Based Pricing
We will also discuss combining some of these methods to determine a specific price and sales volume, while also generating a specified profit amount as part of the process.
The 5 best pricing methods - How to choose a pricing strategy for your business
Date
October 29, 2024
Time
12:00 pm - 1:30 pm
Location
WebinarPresented by
Craig Linsky (SCORE Nationwide)
Cost
Show all resources
Get connected to professional resources, tools, and guidance from business experts.
Schedule a consultation
Meet one-on-one with a Business Navigator to assess your best next step.
Real businesses, real stories.
Bins, bags, and collaboration: Tackling business waste with Hennepin County
Businesses generate nearly half of Hennepin County’s total waste, making them critical partners in Hennepin County’s zero-waste goals. But they’re not on their own to figure it out.
Measuring Elevate Hennepin performance through the first half of 2026
Since Hennepin County launched Elevate Hennepin, our advisor network and cohort facilitators have supported 5,264 unique business owners in cities across Hennepin County. These entrepreneurs leveraged one-on-one advising, cohorts, workshops, and on-demand learning.