The 5 best pricing methods - How to choose a pricing strategy for your business
Setting the price of a product or service can be challenging for new entrepreneurs, but there are structured processes for determining the best price for your business.
In this webinar, we’ll cover five pricing methods and how to implement them. We’ll also discuss the advantages and disadvantages of each pricing method and demonstrate which pricing method is best for each type of business.
Learning objectives:
- Value Added Pricing
- Cost Plus Pricing
- Modified Cost Plus Pricing
- Competitive Pricing
- Value-Based Pricing
We will also discuss combining some of these methods to determine a specific price and sales volume, while also generating a specified profit amount as part of the process.
The 5 best pricing methods - How to choose a pricing strategy for your business
Date
October 29, 2024
Time
12:00 pm - 1:30 pm
Location
WebinarPresented by
Craig Linsky (SCORE Nationwide)
Cost
Show all resources
Get connected to professional resources, tools, and guidance from business experts.
Schedule a consultation
Meet one-on-one with a Business Navigator to assess your best next step.
Real businesses, real stories.

Elevate update: Successful pivots for Gluestick
Abby Allen, founder of Gluestick has gone through some big pivots, and she says Elevate Hennepin helped build her skillset to do so.

Ripple Effect: A year of growth, grit and community
Chris Guttormson and Leanne Ritz, co-owners of Ripple Effect Brewing, recently celebrated the one-year anniversary of opening their brewery in Rogers.
Now, they're reflecting on a year in business after working with Elevate Hennepin advisors to get the brewery started.