Pricing For Profit!

Written by Bill Vannot


Copyright © Bill Vannot - All Rights Reserved

http://www.successful-marketing.com

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Are your prices set for success? If you study consumer psychology, you might run across suggestions that prices ending withrepparttar number "7" can possibly sell more often than prices ending in other numbers,

One example would be to try pricing something at $4.97 to possibly make more of an impact, than pricing it at $4.99. Have you tried this pricing technique? Set up a test and see if it works better for you. Can a difference of only 2 cents really make a difference inrepparttar 119849 sales you stack up?

If you sell higher quality products or services, this could cheapen your product or service's image, so you should avoid this pricing strategy for expensive items. If your brand is solid, your offers can absolutely command and get higher prices.

You can also try lowering your prices. It could work for you if your customers buy more than one item from you. It appears to be more of a bargain if you say $35.00 for one or $97 for 3 items. It isn't a big saving but it is a bit more eye appealing. Sometimes, bundling items is a good idea, at a slightly reduced price.

Marketing On The Cheap: Become a Joiner

Written by Floyd Snyder


Recently I wrote an article onrepparttar benefits of joining your local Chamber of Commerce as a way of getting exposure for your business. See "Marketing onrepparttar 119848 Cheap: Join The What?" at this source or at http://sbmag.org. The Chamber of Commerce is or should berepparttar 119849 number one organization in your area promoting business. Your involvement will help them indirectly help your business while giving you direct exposure to a large and viable market.

Now let’s look at other organizations you, your business and, of course, your community can benefit from by your involvement, but not in that order.

Service Clubs: There are three major service clubs that come to mind, and I’m sure you are familiar with them to some degree already: Rotary International, Kiwanis International and Lions International.

However, don’t just run off and joinrepparttar 119850 largest club in your area just because it’srepparttar 119851 one that getsrepparttar 119852 most media coverage. As a matter of fact, you shouldn’t be joining a service club at all forrepparttar 119853 sole purposes of promoting your business. You should be joining because it isrepparttar 119854 right thing to do. The benefits, and there will be benefits, will come indirectly.

Each ofrepparttar 119855 above mentioned organizations have a main charity or area of interest as a national or worldwide project. Lions International for example is recognized worldwide for their service torepparttar 119856 blind and visually impaired. Kiwanis’ motto is "Servingrepparttar 119857 Children ofrepparttar 119858 World", and Rotary has had as a long-term goal ofrepparttar 119859 worldwide eradication of polio. Of course, all these organizations are many years old and have branched out into a number of other humanitarian efforts as well. Beyondrepparttar 119860 national organization’s each local club usually has their own projects and objectives.

Fraternal Organizations: Now that you have joinedrepparttar 119861 Chamber of Commerce and are looking at service clubs, you may also want to consider Fraternal Organizations. The first three that come to mind are: The Benevolent & Protective Order of Elks, Moose International and Fraternal Order of Eagles. Like service clubs, all three of these organizations are national or international with local clubs. However, also like service clubs, there may me others or an independent fraternal organization in your area that is more suited for you and your interests.

Years ago I joined a new Rotary club that just started up in our community. They were, and still are, a great group of people. Their main efforts onrepparttar 119862 local front was dealing with youth orientated projects, helping to build ball parks, sponsoring scholarships and a few other very worthwhile causes, but no causes I was passionate about. A friend of mine was involved with a group of people that were trying to start a local organization to deal directly with funding anti-drug programs in local schools. My wife being a teacher inrepparttar 119863 local district, made that seem like a much better place for me to put my efforts. We went on and founded a new Lions Club in which I became a founding officer, a Past President, Lion ofrepparttar 119864 Year and recipient of a national award form Lions International in recognition of my efforts inrepparttar 119865 fight against drugs. This only happened because I choserepparttar 119866 right organization with which to get involved.

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