Pricing a product involves looking at costs, knowing your target audience, researching competitors and choosing a pricing strategy that works with your profit goals. Many, or all, of the products ...

Pricing isn't just about a number. There is a lot of strategy involved. Assume you make widgets for $5 each. As a business owner, you want to achieve 20 percent profit. However, simply selling your ...

Pricing can influence whether a consumer purchases a product. Although product price matters to a purchaser, it's important to the seller as well. It takes a combination of favorable market trends, ...

With tariffs on one hand and waning consumer sentiment on the other, beauty product prices are headed in every which way.

Your business is preparing to launch a brand new product into the market. The product has been built and refined through many iterations, and now you are ready to ship it to customers. Only one ...

The annual Consumer Electronic Show in Las Vegas gives 3,000 exhibitors a chance to display their newest and often innovative and disruptive products. I typically attend, and this year, I was ...

Note: This article was originally published on OPEN Forum. You might be selling the most spectacular product in the world -- but price it wrong, and you could still go broke. Too high, and you’ll ...

Entrepreneurs (and novice marketers) often assume that customers are always looking for the best value and make decisions to buy based upon finding the best possible price. Neither of those ...

One of our clients, an airplane manufacturer, was struggling with overlap between two of their models. The newer model had been growing in size and features and was encroaching on the market for the ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

Deodorant, detergent, granola bars, cookies, underwear. Shop for any of these every day items and you’ll scan not one but at least two, sometimes three different prices crammed underneath them on the ...