Need help to implement better pricing strategies? One of the best ways to improve profitability is to get your pricing right. In fact, a shift of just 1% in pricing can either help or hurt your bottom line by a whopping 16-38%! This Association for Manufacturing Excellence article highlights one rarely-used technique to help you fine-tune pricing (often a lot more than 1%) and includes an online pricing calculator so that you can evaluate the impact on your business.
#1 Bestselling Author, International Speaker, and Accelerator Anne C. Graham is on a mission to help 5 million business leaders and their teams double their profit per employee – or more – in less than one year, in less time per week than they’re spending on email per day. Her new book Profit in Plain Sight includes the 5-step proactive P.R.O.F.I+T Plan to do it. Connect with Anne on Twitter and LinkedIn.