When you’re first starting your business, understanding what customers are willing to pay for your product or service can be a real challenge. If you price too low, you’ll lose interest, but if you price too high, you’ll lose appeal.
That’s why we asked 10 entrepreneurs from Young Entrepreneur Council (YEC) the following question:
“What is your best advice for a founder who is trying to determine how much customers are willing to pay for a product or service?”
Here’s what YEC community members had to say:
10 Tips on Pricing Your Product or Service
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