Comments on: 8 Pricing Strategies you can Implement Right Now

By: Best Boots On Sale

Best Boots On Sale — Wed, 09 Dec 2009 07:53:20 +0000

Love this, great blog, thanks.

By: Omar

Omar — Fri, 15 May 2009 11:57:12 +0000

I totally agree with number 4 sometimes even just having a higher price makes people want it more, or think it”s better all else being equal. Almost make sense to always have 2 companies selling the same thing to capture the various level of pricing

By: Franchise Information

Franchise Information — Wed, 13 May 2009 12:13:55 +0000

Always offer a bargain price for your service as best you can so that everyone can afford it. Consumers comes first, profits follow. Visit RedHotFranchises to see many Great opportunities that will help all worldwide visionary entrepreneurs to grow.

By: tonyg

tonyg — Sat, 14 Feb 2009 03:35:13 +0000

Thanks, these stratigies will help us with our new distribution and retail business

By: Matt Inertia

Matt Inertia — Fri, 29 Aug 2008 08:23:02 +0000

Some great tips for the new business starter. Thanks.

By: Ryan Hess

Ryan Hess — Fri, 29 Aug 2008 01:54:51 +0000

These are some good items. I might add that customers also perceive value in paying only for what they need. In the email hosting business, we have basic plan pricing in blocks of 25 but for the guy that needs 62 mailboxes and nothing more, we can work up a price for exactly 62 mailboxes and not make him pay for 75. On the flip side, other clients perceive security in being well under a plan limit and don’t mind paying for 75 accounts even if they only need 62. Building flexibility into your pricing model and being able to please both types of customers makes the difference.

By: Mehdi Hassan

Mehdi Hassan — Mon, 25 Aug 2008 13:27:53 +0000

I like this list very much. It gives some great pricing tactics. If you want to make profit from a business, I guess pricing is an important strategy. When you are introducing a product, you should follow one strategy and when it gains popularity you change the strategy. Thanks Ivana for such a nice article.

By: Bloomz

Bloomz — Thu, 21 Aug 2008 05:54:16 +0000

If they tell me “You saved $X” I usually retort with “no I didn’t – I SPENT $X”

I find that a minor insult to the intelligence.

By: Chris

Chris — Wed, 20 Aug 2008 22:31:17 +0000

This is a really interesting list of tactics and strategies and prestige pricing is quite an interesting topic. This is really, good useful advice that people can begin to implement immediately into their small business – very helpful.

By: Deborah Brown

Deborah Brown — Wed, 20 Aug 2008 21:27:06 +0000

How about the loss-leader. We did this in Pearle Vision all the time – advertise something practically at cost (contact lenses are a great example) with the hopes of the customer coming in and purchasing additional items.

When we offered the BOGO – buy one get one – we trained our associates to detail the actual full price of the free pair they would receive. If we didn’t so this – the perceived value of the free pair was non-existent. However, by including on the receipt the price of their free pair, had they paid – all of a sudden the value skyrocketed.

Just happened to me at a dress shop. I took advantage of a 50% off sale. The sales person rang up my sale, told me I owed $36.00 with tax. Then as she handed me my bag she said – “congratulations, you saved $34.50 today.”

Wow – I felt great.