Resources Online Training How to Price Your Products and Services Name* First Last Email* 1. Do you want to price your products for minimal profit or maximum profit? Maximum profit Minimal profit 2. Is picking a random number for pricing a good strategy? No Yes 3. Will picking a random number get you the most generated money? No Yes 4. What is the 1st Tip? Look at your profit Look at your cost Look at your product 5. Do you need to worry about margins? No Yes 6. What is included in your cost? Shipping Services Returns Customer Service All of the Above 7. What is the 2nd Tip? Understand your target customers Choose a catchy name Focus only on social media followers 8. What is the 3rd Tip? Anchoring Skip market research completely Always copy your competitor’s strategy 9. What is the 4th tip? Never change your strategy once it’s set Rely only on personal opinion instead of data A/B Test 10. Do more sales equal more profits? Yes No This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.