HOW TO PRICE YOUR PRODUCTS *for PROFIT* | SMALL BUSINESS PRICING STRATEGY | Pricing Your Inventory

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If you've been wondering how to price your products for profit or how to create a business pricing strategy, then this video is FOR YOU!
By the end of this video, you will understand how to price your products in a way that makes sense for your Brand and to ensure profit! We talk about vendors, costs, target audience, competition, and more!
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⬇️ BINGE THE LAUNCH-A-THON VIDEOS 🚀⬇️
💎💰DAY 1: HOW TO START A BUSINESS IN 10 STEPS
• Start Your Business in...
💎💰DAY 2: HOW MUCH LAUNCH INVENTORY DO YOU NEED?
• STARTING AN ONLINE STO...
💎💰DAY 3: HOW TO PRICE YOUR PRODUCTS?
• HOW TO PRICE YOUR PROD...
💎💰DAY 4: HOW TO ATTRACT CUSTOMERS PRE-LAUNCH
• HOW TO ATTRACT PAYING ...
💎💰DAY 5: HOW TO PROMOTE YOUR LAUNCH
• HOW TO PROMOTE YOUR LA...
💎💰DAY 6: WHAT CONTENT TO POST BEFORE LAUNCH DAY
• WHAT CONTENT TO POST B...
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Chapters:
0:00 Intro
2:32 How Price Affects Your Brand
7:25 4 C's of Pricing
10:29 90-Day Launch
11:21 Competition
12:53 The Price & Profit Formula
16:57 More Resources
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//SHANELLE Q., THE BRAND HUSTLER
I’m Shanelle, I recently quit my corporate job in April 2019 to become a full-time entrepreneur. I’m super excited to experience this new life with you as I take you on this crazy journey with me. Starting a business takes a lot of faith, focus and grind. I’m here to show you the beauties and raw truths about entrepreneurship, all while giving you tips to grow and scale your business! We’re grinding, growing and living our best life over here!
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[@TheBrandHustler]

Grab the PRICING MINI CLASS & PRICING SPREADSHEET: bit.ly/41S7nOj

[@kelaroberson]

Girl I'm not gonna lie, I was guessing sis!

[@beauchild2399]

😂🙆🏻‍♀️

[@accessdenied5262]

Girl you’re so real for this 😂

[@kelaroberson]

@@accessdenied5262 🤣that's the only way to be💯🗣

[@Ali-pz4cf]

Most of us were lol

[@misaandcoart]

Racksss. I am starting a small art business with keychains, art prints, etc. I've been so confused by pricing but this made a lot of sense. Thank you!

[@toyya876_]

Racksss. I am currently in the process of launching my online boutique and these videos have helped me so much. Thanks for this😊.

[@RahshedaKB]

RACKS!!! this was very helpful cause i had no idea how to do the pricing now i have to go back and revamp my store...again lol THANK YOU

[@modelsashanicole3223]

Had to play this twice ! So I love this formula. It make so much sense. 🥰

[@TheBrandHustler]

Yayy! What products will you be using the formula for?

[@WendyStubbs]

I love your energy!!!

[@tiffanyfisher3844]

new to diy skincare. your personality alone made me subscribe. I learned a lot thank you queen.

[@latoyabaker131]

❤ thanks for sharing this sis had to subscribe

[@user-bo5xi6qz3d]

Rackass. Love the energy. Makes it fun to watch and learn. Thank You

[@user-bo5xi6qz3d]

opps. Rackss

[@life_lived_well_8]

I look at what I need to make in a month, how many clients I can handle right now, look at what my competitors charge, AND what I have successfully charged in the past. And of course, pray and then cast it out there.

[@subbaramaniam3673]

Thank you for making this video because l have started a stionary business

[@HalosOrbit]

Right on time!!!!

[@preettyykaay1584]

Great video! Well explained!

[@theblackhannah]

RACKSSS! Great video 🎉🎉

[@bobbirichardson8451]

racksss. thank you for this video. im so confused on pricing. my goal is to launch in a week so i will be bendge watching you lol

[@deborahkelley3341]

Just found you! Power packed video, thank you. RACKSSS

[@shaniabraley4363]

Racksss! Awesome video 🙏

[@SteeVeeAsberry]

I multiple by 3 but sometimes I feel like it's too much and I start to second guess my prices 😔

[@Ashley.Jessica_]

Me too sis, what do you end up doing?

[@goddesscurls60]

i would look at the competion's prices and will pick a price that is around that range, either high or lower but around that range :)

[@cb1298]

Racksss!!! love it

[@maylanisheridan9513]

Racksss🎉 ty for all the info

[@ghoulish1569]

So far been going with current market competitors! 😮

[@aisalee1148]

Racksss💪🏾💪🏾💪🏾

[@robertshaw6972]

A welder friend told me he divides materials cost into three and adds 1/3 of that to the original material cost for the price of the product. How cool is that?

[@purerred]

Racksss!!!! 🎉🎉🎉💵💵💵

[@queenrdb]

Girl I was just gone add up the cost of everything possible, add a dollar or 2 to it and then boom lol

[@ketovizion]

What’s funny is a LV bag vs an Old Navy bag is that they use the price point to make you believe they get their leather from magical cows vs Old Navy cows

[@nyeshashante]

Thanks ❤💎

[@TheBrandHustler]

You're welcome 😊

[@sacredmoods]

Racksss ❤

[@Theperfect_imperfection]

Racksss❤🎉

[@ShakilaNurse-wj7fl]

Racksss❤

[@margaritag2392]

RACKSSS 💰 ✨️

[@williamdarius2609]

How can I price my products as a sub distributor or wholesale?

[@kimberlynoel2118]

RACKSSS ❤❤❤

[@deanasutton8179]

Hello and Thank you 🌹

[@TheBrandHustler]

You are so welcome!

[@gavkinn]

Hi I plan to use a % across with Costs + % markup

[@LoriPoplawski-kd1fl]

Rackass❤️

[@sandiesmith5693]

Y u times it by 3?

[@zy_nayiaa4961]

RACKSSSS💸💰

[@ThroughSuccess_lens]

We need the swot analysis pleaseeee

[@kethecreator]

Racksss! I recently found your channel and have been hooked! Ieven bought the target audience workbook. So happy I came across your channel. 😊

[@Sapphirejewals]

Racksss 😌

[@uniquelyebony]

Racksss on Racksss on Racksssss I absolutely loved this video. Thank you

[@fairygoddshoppers]

Racksss🎉

[@1Fit2ATee]

RACKSSS Thank you 1K times for all of the info that you share with us.

[@heathersmith3953]

Racksss !!!

[@life_lived_well_8]

🎉RACKSSS

[@dorenerobles829]

Racksss!!

[@ramiyahwilson6230]

Racksss 💰

[@carmelajohnson5596]

I was going to take the price times 2

[@ShauntelJ_]

I haven’t launched I’m literally trying to see how to price what I sell

[@shashini16]

Racksss!

[@soulfulsessionswithsihleen3522]

Racksss 🤣❤️

[@kelaroberson]

RACKSSS!!!!

[@Busybodybambi]

I was definitely guessing honey

[@prettyrarekollectionz]

👍

[@kaseyw4104]

Racks!!!!

[@Theperfect_imperfection]

Girl you are doing the lords work some of us really needed these videos

[@TheBrandHustler]

I’m just happy it’s helpful! I was nervous at first lol

[@kelaroberson]

She really is girl!!! And she gonna be blessed for blessing others!!!

[@LesA_09]

👍🏽

[@journeytoselflove9526]

❤❤❤❤❤❤

[@TheBrandHustler]

❤❤❤

[@maiasobers3719]

Raxxx❤

[@modelsashanicole3223]

Racksss 💵💵💵

[@TheBrandHustler]

Yess 💰 💰 💰

[@marvelous2950]

Really good but is not working for my product. The price is too high . Please is there any other formula that can suit my business so that my customers will not choose others over me. I sale fabrics.

[@marvelous2950]

Please help me

[@marvelous2950]

How do I fix this when I purchase a fabric that cost 3000 naira per yard. If I mutiply it by 3 it will amount to 9000 + 1800(20%) =10800

[@ygmistique8155]

Do you not have a free advisor/business mentor in your area?

[@watermelon6173]

Start with a 25% mark up from your total cost and go from there

[@dr.paulasnetwork4371]

Racksss

[@debbipatrickdr.5boutique195]

racksss

[@c4cmoney35]

RACKSSS

[@billphilpott3787]

Seek a product that cost me less to produce and has a higher perceived value.. the price that people prefer to pay for your product has to be greater than the production cost.. the bigger the spread the better.. how many people want your product and what do they prefer to pay

[@susanatatomazi5609]

Racksssss

[@shakinzieburnett2027]

Raccckkksss

[@nikita6076]

I just priced one of my products and Im afraid no one is going to buy it because it's expensive

[@TheBrandHustler]

Make sure you develop a brand and a brand experience that justifies the pricing💕

[@user-nf3cf7cl6p]

Rackss

[@juliannaculican1501]

packsss

[@sandiesmith5693]

Rackssssssssssssssssss

[@amythesta]

RACK$$$$

[@RadiantHeart773]

RACKSSS💵💵💵

[@kittypipkin]

Racks:/

[@kittypipkin]

Racksssssssssss

[@kamasutra3779]

What should i do if my oponents droping price 30-40% for same brand?

[@melissalewis1481]

COG x3

[@Me-MyArmy]

Racksss ❤

[@Naomi_Safari]

Racksss❤

[@rhnijuhhall7801]

Racksss!!!

[@HalosOrbit]

Racksss!!

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Racksss

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Racksss

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RACKSSS

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Racksss ❤

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Racksss❤

[@samanthasaul2625]

Racksss!!!

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Rackss!

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Rackssss

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RACKSSS

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RACKSSS

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[@kaseyw4104]

Racksss