MBA1099 How Many Pricing Options Should You Have For Your Product?
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 25 September 2018
⏱️ 13 minutes
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| 0:00.0 | Heyo! Welcome to the 100 Army Show because your business can always improve. |
| 0:14.2 | That's why we deliver daily 10 minute business lessons for the real world. |
| 0:18.2 | I'm your host, your coach, your teacher Omar Zen Home. |
| 0:21.9 | I'm also the co-founder of the $100 MBA, a complete |
| 0:25.0 | business training and community online. And in today's lesson you will learn how |
| 0:29.4 | many price options should you have for your product? This is a question a lot of |
| 0:33.0 | entrepreneurs have when they start launching a new product. Should I have one |
| 0:37.0 | price, two price, three, five, different packages, different levels, monthly |
| 0:41.5 | plans, annual plans, what should you do? |
| 0:44.0 | In today's lesson, we break it down. |
| 0:45.9 | Everybody's business is different, so your pricing should not be the same. |
| 0:50.0 | You need to make sure your pricing or your pricing packages fit your business and product. |
| 0:55.2 | They provide the choices if there are choices, and we'll get into that in a bit, |
| 1:00.0 | are conducive for your customers. In today's episode, I'll explore all the options, |
| 1:05.1 | including having one price, |
| 1:07.1 | as well as how to introduce other prices or packages |
| 1:10.8 | in the right way to your customers. They all don't have to be presented all at once. |
| 1:15.0 | We got lots of cover, so let's get into it. Let's get down to business. Support for today's show comes from Vista Print. |
| 1:25.7 | Vista Print makes every dollar count for your business. That's why for less than |
| 1:29.9 | ten bucks you can get 500 business cards, which means you can turn 500 strangers into 500 connections. |
| 1:37.0 | Just upload your design or start with one of VISA Print's wide range of templates. |
| 1:41.0 | Then pick the paper stock, style, and quantity that's right for you. |
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