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Let’s Talk Profit Margins & Affordability in Small Businesses
Manage episode 449763425 series 3580762
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LISTEN TO THIS EPISODE IF YOU ARE LOOKING TO LEARN MORE ABOUT PRICING YOUR PRODUCTS & CHARGING WHAT YOU’RE WORTH
In this episode, I dive into the importance of understanding profit margins and why affordability isn’t the goal for most small businesses. We’ll explore the challenges of keeping prices low, from scalability issues to limiting your potential for growth.
I’ll explain why charging your worth and clearly communicating the benefits of your products is key to success. Whether it’s $150 mugs or handmade goods, people will pay for what they perceive as valuable. Tune in to learn how to price confidently and position your products in a way that connects with your audience.
Topics We Discuss: Profit Margins, Small Business Pricing, Perceived Value, Building Community, Charging What You’re Worth
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