How to Price Your Services and Products

Pricing is one of the most critical decisions for any business. Set prices too low, and you'll struggle to cover costs and make a profit. Set them too high, and you may lose customers to competitors. Our pricing calculator helps you find the sweet spot.

Service Pricing Strategies

• Cost-Plus Pricing: Add a markup to your costs
• Value-Based Pricing: Price based on value delivered to clients
• Competitive Pricing: Price relative to competitors
• Hourly vs Project Pricing: Choose the model that works best

Product Pricing Considerations

When pricing products, consider manufacturing costs, overhead, desired profit margins, competitor pricing, and perceived value. Remember that pricing affects both profitability and market positioning.