AlphaValue’s Post

How do you set a profit margin? Don't just add a markup and be done with it. Here is how to set a profit margin. There is a big difference! #profits #profitmargins #oneclickadvisor #sbdc #retailer https://lnkd.in/eeXXM8jp

How to understand the business impact of pricing changes?  Hint: It’s not just revenue, but also conversions and retention. We first tried to understand how much price increase is acceptable by your users using the Van Westendorp analysis (link to post in comments) The next step is using A/B testing to see if they put their money where their mouth is. How price increase affects your trials, conversions and retention. And whether price increases can give the desired business impact. If you want to test it out, the folks at Kasva have created a very simple template to get anybody started. Template link & research source in comments. Let me know how it works for you! #pricing #profit #businessStrategy #hbr #businessGrowth

Pricing of products and services can be tricky. Join us this evening as we explore the dynamics of pricing and the strategies to navigate it. See you then. Please send a Dm to get meeting details. #pricing #products #services #strategy #solution #profit

Pricing for Profit: Navigating External Market Factors for Dollar Stores We'll explore how dollar stores can navigate these challenges to maintain profitability and relevance. https://lnkd.in/eYRA3zBe #Pricing #Profit #Strategy #CFOServices

[Profit Maximization Tips for AU Retailers] In the dynamic realm of Australian retail, profit maximization stands paramount. In a fiercely competitive market, sustained . . . https://lnkd.in/dfYY7m9d

#TryItTuesday Challenge: Review Your Pricing Strategy! 🔄 Analyze your current pricing strategy and adjust if necessary. Ensure your prices reflect the value you provide and are competitive in the market. Proper pricing can significantly impact your bottom line. 💵📈 #TNTAccounting #PricingStrategy #Profitability

So...what is a breakeven analysis and how do you use it to set sales goals, pay all of your bills, and make a fat profit? Here is the answer! #profit #sbdc #oneclickadvisor #sba #businessadvice https://lnkd.in/eWWiHafV

📈 Pricing strategy check-in time! When was the last time you reviewed your prices? Regularly reassess to ensure they reflect the true value you provide and align with your target market. Don't leave money on the table, but also stay competitive. Finding that sweet spot is key to sustainable growth. #BusinessTip #ProfitSensei #PricingStrategy #KnowYourWorth

Is your pricing strategy holding you back? Learn how to reassess and optimise your prices to maximise profitability. #PricingStrategy #HiddenMoney

How to boost your profits by revising the pricing model for your business A fundamental factor that impacts turnover is how much you charge for your products or services. How you price your offerings is affected by a variety of different factors. They include things like the prevailing market conditions or the cost of resources and/or materials. Customers’ perceptions of the value of your products or services is also crucial. The ways by which firms choose how to price their products or services are also diverse. If you're looking to boost your profits, this is something you ought to pay close attention to. Revising your pricing model can help to get your bottom line looking much healthier. This article looks at different pricing models and how to apply them. #pricing #profit #growth #BoardroomAdvisors