Heyo!

Welcome to the 100 R. M.

B. Show your perfect companion with your cup of coffee or tea with our daily

10 minute business lessons for the real world. I'm your host, your coach, your

teacher Omar Zenholm. I'm also the co-founder of a $100 MBA, a complete business training and community

online. And today you will learn how to price your new product. We've talked about price before

on the show, but today we're going to talk specifically

about a new product you're about to launch. How to price it at the start and how to experiment

with your price to make sure you're hitting that sweet spot. We got a lock to cover so let's get

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One of the first things I want to mention about price is that price is not written in stone.

You can change your price at any time.

If you go out to the mall you'll see that prices are changing all the time

For many different reasons, but the point is that price is not something you need to really worry about making a mistake with you can try something out if it's not working you can change it but it's good to have some

sort of plan in place so you can follow that plan and know what's working and know it's not

...