It's all About the Product: Pricing Your Product Correctly

Step Category: Pricing Your Product Correctly

TIERED PRICING MODEL

Tiered pricing model: how can online businesses use this pricing model in 2022

Tiered pricing is a model that is used for monetizing services and products based on different tiers that consumers prefer.  The tiers are different packages with specific features as preferred by consumers. If you have a service or product you are providing in your online business that can be divided up into different segments, then …

Tiered pricing model: how can online businesses use this pricing model in 2022 Read More »

SKIMMING STRATEGY

How Can Your Online Business Use a Price Skimming Strategy in 2022?

Product pricing is an essential part of any online business strategy. How you price your product will determine your sales, profit margins, and sometimes even the customer’s perception of quality. Pricing strategies determine many of the key objectives of your online company, including marketing position, brand positioning, and revenue objectives. Price skimming is one of …

How Can Your Online Business Use a Price Skimming Strategy in 2022? Read More »

How To Use A Penetration Pricing Strategy for Your Online Business in 2021

How to Dominate Using a Penetration Pricing Strategy for your Online Business in 2022

A penetration pricing strategy is a great way to break through a market and build both awareness and popularity of a brand, service, or product. If you are looking for proof that penetration pricing works, look no further than giants such as Netflix and any other service where you get an initial discount. The proof …

How to Dominate Using a Penetration Pricing Strategy for your Online Business in 2022 Read More »

Want More Online Tips?

Sign up to receive our weekly email with the latest episode release, tips and freebies