pricing your products

When You’re Told Your Price Is Too High, Is It Time To Change?

November 14, 2011

When I had my apparel company and showed our line in trade shows, we were sometimes told our prices were too high. At first I was offended. I had done my homework on our pricing and I thought we not only offered a good value but were competitive – PLUS our designs were better (in my opinion) than our competitors.

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Pricing Pitfall #3: Going Above Retail Price Ceilings

February 19, 2011

Going Above Retail Price Ceilings: Not Understanding What the Market Will Bear   Pricing is subjective – there is no question about it. It's based on perceived value. Add a little doodad or a designer logo and tada the price goes up and no one really cares because they see the value. However, for certain [...]

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The real pricing formula is no formula at all…

February 3, 2010

The real pricing formula is no formula at all… It seems that everyone wants a formula for pricing their products. There actually is no exact formula as much as you would like there to be. It’s because pricing is both a strategy and subjective – what is someone willing to pay? What’s the mystique or [...]

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