Price It Right: Charge What You're Worth

Business

Price It Right: Charge What You're Worth

A strategic roadmap to develop and refine your pricing strategy for better value capture and profit maximization.

7 episodes52 min total

What you'll learn

Course outline

Episode 1: Pricing Psychology: Why People Pay What They Pay

Discover the hidden factors behind pricing psychology and learn why customers are willing to pay different prices for products and services. Explore the mental triggers a...

Episode 2: Value-Based Pricing: Price on Outcome, Not Time

Shift from traditional pricing models to value-based pricing. Learn how to align your pricing strategy with the outcome and benefits provided rather than just basing it o...

Episode 3: Cost-Plus vs Value: Choose Your Strategy

Debate and contrast the cost-plus and value-based pricing strategies. Learn the strengths, weaknesses, and best use cases for each to ensure you choose the right model fo...

Episode 4: Positioning: Premium, Mid-Market, or Budget?

Learn how to strategically position your product or service in the market, whether you're aiming for a premium price point, catering to budget-conscious consumers, or foc...

Episode 5: Price Architecture: Packages, Tiers, and Anchoring

Delve into the structure of pricing by exploring the tactics of creating packages, setting pricing tiers, and using anchoring to guide customer choices. Craft a pricing a...

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Episodes

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