Pricing Your Service or Product: Things To Ponder Part 2 of 2

Written by Maria Marsala


Life is all about making choices and growing. The same hold true with pricing your product or service. Userepparttar articles below to assist you as you make informed decisions about price structure. Special thanks torepparttar 106248 articles authors who provided permission for their articles to be used in this "link article". You'll find part 1 and 2 of this article at http://www.coachmaria.com/articles/pricing.html.

The Food Club - Guidance Notes For Pricing A Food Product http://www.thefoodclub.org.uk/pricing.htm

The Economic Value torepparttar 106249 Customer by Allen Weiss http://www.marketingprofs.com/Tutorials/evc.asp

Marketing - Price Strategies and Adjustments by Michele Determan http://www.determan.net/michele/mprice.htm

Pricing Web Work by Jean Kaiser Part 1 http://webdesign.about.com/library/weekly/aa102300a.htm

Creating Your Ideal Client Profile (ICP) Worksheet

Written by Maria Marsala


By marketing to and networking with your ideal clients, you’ll spend your time and energy directly onrepparttar individuals who will purchase your products or services! Makes sense, doesn’t it?

One tool that will help you to market to your ideal client is called your “Ideal Client Profile.” Designing this profile is a great personal exercise, although you should involve others, too. Why? Because sometimes business owners are too close to their own enterprises to accurately createrepparttar 106247 best overall picture of their own ideal client. Michael Gerber, author and consultant, speaks to this issue in what I considerrepparttar 106248 most important book for a business owner to read, “The E-myth Revisited”, available at http://www.coachmaria.com/books/business3.html.

To make sure that you know who your ideal client is, create a survey for your current clients to complete and provide them with a discount coupon or gift as an incentive for helping. You can also network with other business owners and ask their opinions about who would buy your products, and why! Finally, it doesn’t hurt to ask new clients what they would like or want as part ofrepparttar 106249 terrific customer service you provide. I bet you’ll learn a lot!

When evaluating a new marketing tool, ask yourself: ·Is this something my ideal client would need, enjoy or purchase? ·Will this attract my ideal client to my business?

If not,repparttar 106250 idea maybe better suited torepparttar 106251 ideal client of another business. In that case, contactrepparttar 106252 business owner! After all, aren't building relationships and collaborations a big part of both life and business?

Things you can do with your Ideal Client Profile: 1.Give a copy to all your friends, family, employees or contractors. 2.Put a copy on your business stationary 3.Find a terrific frame for it and hang it on your office wall. 4.Use it on your Web site. 5.Carry a copy in your wallet, car, or briefcase. 6.Create an affirmation (special type of positive statement: http://www.io.com/~rga/affirm.html ) that will help you to attract your ideal client. 7.Review your ideal client statement or list every six months as part of your overall business plan.

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