What is the Profitability in Pricing?

Annette Ferguson Podcast Banner of Uncover Wealth Radio Episode 418 with a topic title about What is the Profitability in Pricing?

In pricing, costing plays a critical role to ensure all expenses are covered and determines a price that ensures profitability. It is incredibly important to know all the costs your products or services will incur. 

Aside from determining the costs, the value of your products and services is also vital. In this episode, I will share with you how to effectively calculate your pricing based on the costs as well as the value of the service or product you are providing.

Enjoy listening!

Here are a few insights you’ll hear in today’s show… 

  • The benefits of periodically reviewing your pricing.
  • How to baseline your pricing.
  • How to calculate your price based on your value.
  • When should you review your pricing?

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About the Author

Annette Ferguson 

Owner of Annette & Co. - Chartered Accountants & Certified Profit First Professionals. Helping online service-based entrepreneurs find clarity in their numbers, increase wealth and have more money in their pockets.

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