Tuesday, May 15, 2012

: $100 Idea: Where to Test Your Prices.

Test the prices of your product or service. You may increase the perceived value by raising your price while a lower price may decrease your sales. One effective way to see which price to charge would be to take one of your products and auction it off at an online auction. This final bid would be close to the price you need to sell it at.

Next:
Features Versus Benefits.

We have just completed a website that 
lists all the $100 Ideas by category. Every week, we will be adding to the list. Go to 100DollarBizTips.com. If you know of someone who can use our practical information, have them register at the website.

Edward King, MBA CPA

Former Director of Wayne State University's Small Business Services
Telephone: 586-771-3618
Fax: 888-756-2761 (toll-free)
E-mail: EdwKing@aol.com
Websites: TheSmallBusinessDigest.com, 100DollarBizTips.com, SmallBizKing.com (students only)


KingCo, 1721 Shore Club Drive, St. Clair Shores, MI 48080, USA

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Mark Maupin

 PS: Now my phone is ringing 50-70 times a day for Dumpster Rental in Detroit metro Market. Yes, this is the project I started in January 2010.  Ask me about the new Low cost Volume Discount Program I am using on my Dumpster Business and for my customers.


PSS: We can put Your Business at the Top of a Google Searches with or without a Web Site!   http://www.a-affordable-internet-marketing-company.com/ 

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