Tag - Raising the Price: Pricing Strategies

Not sure about raising the prices of your products or services? Not sure what effect the price rise will have? A study across 1,200 major businesses found that a 1-2% increase in price, assuming demand remained constant, on average would have increased the company’s Profit by 11%!!
Step through these articles in 12Faces and learn about rapid Profit increase and longer term pricing strategies. Learn about raising the price with confidence.
The 80/20 principle asserts that 80% of your Sales will come from 20% of your products. Intrigued? Also, 20% of your time produces 80% of your gain. Even more intriguing. The articles tagged below will show you how to implement this into your business.
Raising the price on your products or services will see your Profits grow and your productivity soar.

Sensitivity Analysis: Experiment with Changes to Your Business

What is sensitivity analysis? Free tool shows impact of changes on business; instantly! Use this free Business Modelling Tool to see the impact of (e.g.): percentage change in price change in sales revenue staff numbers change Accounts Payable and Receivable change and the impact on cash flow impact of changes on profitability change on business selling price what revenue...

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SM2.0 80/20 Principle – Double Sales, Triple Profits

Increase Your Productivity and Sales By 16 Times!! The 80/20 Principle asserts that a minority of causes, inputs or effort usually lead to a majority of the results, outputs or rewards. Taken literally, this means that 80 percent of what you achieve in your job comes from 20 percent of the time...

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Increase Your Profits & Determine Optimal Pricing

Streamline My Existing Operation: Optimise100There is no science to how you can improve your profits or turn around a lagging or troubled business but the group of techniques that have been collected in this article will give you some insight into opportunities to dramatically improve your profit.This article will focus...

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Boost Your Cash Flow, Learn Pricing Strategies and Improve Productivity

10 Ways to Improve Cashflow If you own a business and sales, or your top line, are growing at a rampant pace and you're increasing profits each year, you’re certainly headed in the right direction. But don't put your guard down. Even growing, profitable companies can be hit with cashflow problems if their...

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SM1.0 How 1% Price Change Gave 11% Profit Increase

Price is a major determinant of the profitability of your business!  A price change of as little as 1% can often lead to profit increases of up to 11%.  A consultant study across 1,200 major businesses found that a 1-2% increase in price, assuming demand remained constant, on average would have increased...

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