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Division of Small Business



New Castle County Chamber: Pricing Your Profuct to Magnify Your Profits


Date & Time:
Wednesday, March 18, 2020
8:30 am

Location:
New Castle County Chamber of Commerce, Emerging Enterprise Center
920 Justison Street
Wilmington, Delaware
Details:

Many small business owners struggle with how to price their product and services. And way too many of them significantly undervalue themselves in the process; their time, their expertise and the added value!

There are several factors that influence what you can and should charge customers: competition, industry practices, demand, and your costs are just some of them. Trying to be the lowest priced provider, can either get you into a price war with competition, or create a lower quality perception of your product, and it’s very tough to raise prices. Setting prices too high can leave you with a lot of inventory that you can’t sell. In this workshop, we’ll help you identify a process you can use to help you develop a pricing strategy that’s right for you.

  • Conducting Market Research
  • Pricing Models
  • Pricing for a Services or Consulting Company
  • Determining if your prices are working for you
  • When to raise or lower prices
  • Price and the Law

Admission: $25 for Chamber members, $15 for Chamber Ambassadors, $35 for others

Click here for registration and information


Map & Directions:




business@delaware.gov

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