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Small Business Guide to Pricing

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A Resource for Entrepreneurs

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$39.95 USD  PDF E-Book


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$7.95 USD per Chapter  PDF E-Book


Introduction
Chapter 1 - The Concept of Price    $7.95 PDF e-book
    What Is Price?
    What's Included in a Price?
    Factors Affecting Price
Chapter 2 - Market Demand    $7.95 PDF e-book
    Generations with Attitudes
    Psychology of the Buyer
    Buyer Attitudes During a Recession
    Customer Satisfaction/Dissatisfaction
    Market Analysis
    Estimating Demand for Your Services
    Elasticity of Demand
    Factors that Affect Demand Elasticity
    How to Estimate Demand
    Responding to Elasticity
    Setting Price Based on The Market
Chapter 3 - Competition-Based Pricing    $7.95 PDF e-book
    Analyzing the Competition
    Collecting Competitor Information
    Estimate Number and Location
    Visit Their Websites
    Who Are Your Competitors?
    Look at What and Where They Advertise
    Read Their Press Releases
    What Organizations Do They Join?
    What Else Do They Do For Publicity?
    Which Competitors Are Closest to You?
    What About Their Financial Condition?
    Talk to Their Customers
    How Much Are Competitors Charging?
    How to Make a Price Distribution Chart
    Example Price Distribution Chart
    How to Calculate an Average Competitor Price
    Estimating Price Using Statistical Inference
    With Results in Hand-SWOT Analysis
Chapter 4 - Cost and Price    $7.95 PDF e-book
    Determining Your Cost First
    Fixed Costs
    Variable Costs
    Direct Costs
    Indirect Costs and Overhead
    The Overhead Factor
    Burden Rate
    Manufacturing Costs
    General and Administrative (G&A) Costs
    Making a Cost & Overhead Analyzer
    Using a Cost & Overhead Spreadsheet to Improve Cash Flow
    Cost of Goods Sold
    Cost of Services Sold
    Calculating Cost of Sales and Support
    How Costs Vary During a Project
    The High Cost of Meeting
    The Cost of Unused Capacity
    Cost-Based Pricing Process
Chapter 5 - Productivity    $7.95 PDF e-book
    Productivity Defined
    Factors That Affect Productivity
    Calculating Productivity
    Measuring Productivity by $/FTE
    From 30% to 60% Productivity
    Case Study: Productivity and Profit
Chapter 6 - Getting a Baseline Price    $7.95 PDF e-book
    Budgeting Costs to the Task Level
    Sample Budgeted Hourly Cost
    Putting It All Together
    Effect of Outsourcing on Budgeted Hourly Cost
    Applying Budgeted Hourly Cost to Manufacturing
Chapter 7 - Measuring Profit    $7.95 PDF e-book
    What Is Profit?
    Generally Accepted Accounting Principles
    How to Measure Profit
    Profit Objectives
    What's Markup Got to Do with It?
    Gross Margin in Retail
    Gross Margin in Service
    Potential Error in Calculating Margin
    Break-Even Analysis
        Break-Even Using Sales Volume
        Break-Even Using Sales Quantity
    Margin Analysis
        Finding Optimum Order Size Using Margin Analysis
        Improving Profit with Margin Analysis
    Return on Investment (ROI)
    Return on Assets (ROA)
Chapter 8 - Pricing Strategies    $7.95 PDF e-book
    Selecting Which Services to Offer
    Defining Your Business Objective
    Pricing Strategies to Consider
    Cost-Oriented Pricing
        Markup Pricing
        Cost-Plus Pricing
        Cost-Volume Pricing
        Targeted Profit Pricing
        Targeted Return-on-Sales Pricing
        Targeted Return-on-Investment Pricing
    Shop-Oriented Pricing
        Floor Price Plus Some
        Percent-Capacity-Plus-Margin
        Net Revenue, Inventory Sell Off
        Single Price, Any Customer
        Desired Pay Plus
        Only Pricing with Commas Accepted
        Pricing by Expertise
    Competitor-Oriented Pricing
        Match-the-Competition
        "One-Half" Pricing
        "3x Better, 3x Below"
        Straddle Pricing
        Competing Head-On with Lowest Price
    Market-Oriented Pricing
        Price Skimming
        Penetration Pricing
        Leadership Pricing
        Loss-Leader Pricing
        Customer-Set Pricing
        Accepted-as-Customary Pricing
        Competitive Pricing
        Subjective Pricing
        Pricing "in the Zone"
        Tiered Pricing
        Penny Pricing: Adding Cents Makes Sense
        Predatory Pricing
        Dynamic Pricing
    Performance-Based Pricing
    Value Pricing
    Composite Pricing
    More Strategies to Consider
    Donating Services
    Don't Give Away the Store
    Pricing Assumptions by Competitors
    Countering Cutthroat Prices
    The "10 Plus 10" Strategy
Chapter 9 - Pricing Tactics    $7.95 PDF e-book
    Tactical Pricing Actions
    Overcoming Pricing Problems
    Price it Right the First Time
    Pricing Is a Policy
    How to Charge Work
    Incorporating "Other Charges"
    Reducing Your Price
        Coupons
        Send Them a Check
        Rebates
        Discounts and Allowances
        Volume Discounts
    Discounting and the Law
    Calculating Sales to Make a Price Cut Work
    The Capacity Trap
    When Price Cutting Works
    How to Handle a Price Cut
    When Buyers Ask for a Price Break
    About Raising Your Prices
    How to Know It's Time to Raise Prices
    How to Handle Price Increases
    The Transition from Free to Paid Service
    How Much Can You Raise Your Price?
    Subtle Ways to Raise Prices
    How to Handle Objections to a Price Increase
    Ways to Hide a Price Increase
    When the Price Seems Too High
    Overcoming Problems in Service
    Bottom Feeders: Price Fishing in Action
    When to Turn Down a Job
    How to Handle Clients from Hell
    Ways to Handle Dissatisfied Clients
    Charging a Minimum Rate
    Setup Fees
    When to Charge for Rush Jobs
    Charging Methods for Alterations and Corrections
    Retainer Pricing
    Termination: Cancellation Fees
    How to Price the Same Job for a New Client
    Choosing the Right Price
    Some Pricing Tactics for Recessionary Times
    How to Break Out Top Profits in a Recession
Chapter 10 - Estimating, Bidding, and Negotiating    $7.95 PDF e-book
    The Basis for Good Estimating
    Applied Estimating
    Specifying a Job
    Creating an Estimating Form
    Follow Up on Your Estimates
    When Estimating Your Next Job
    An Estimate Is Not a Bid
    Getting Bid Opportunities
    Responding to a Request for Bid
    Symptoms of a Poor Bid Response
    Bidding Against Alligators and Cutthroats
    The Case for Market-Based Bidding
    Submitting a Formal Quote
    Beating the Competition
    Negotiating Techniques
    Put the Agreement in Writing
    Omissions in "Standard" Contracts
    Tracking Bids and Buyer Decisions
    Analyzing Profit in Competitor Bids
    How Long from Proposal to Contract
    Bidding Tips
    Quoting a Price Over the Phone
    Handling Price Shoppers
    Quoting a Completion Time
    Handling Objections to the Quoted Price
    Final Thoughts



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   REAL PRICES CONFIDENTIAL ONLINE DATABASE   

– Contains over 100,000 current prices.

– Unlimited 24/7 online access.

– Excellent for preparing proposals.

– Saves time and money on pricing research.

– Easily evaluate prices quoted to you.

– See the going rate for other services.

– Here's what others are charging!

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Revised on January 21, 2011


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