What is entrepreneurial pricing? When it comes to choosing a price there are a number of things to consider. The first one is the value of the product or service you are providing. After determining the value you need to determine what the market will bear. This usually is done by looking at your competitors pricing. This usually means when you look at your competitors pricing you are just setting the bar where ever your competitors prices are. But you do not want to be just like them and therefore you make your self different.
There is always a place for you to define your own catagor for your business and not just follow the pack
Thanks,
Josh Newton
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