Five Tips On Pricing To Help You Not Just Survive, But Thrive
Catherine Erdly
Tuesday, 1 December 2020
In this lesson, entrepreneur Catherine Erdly takes us through five short snappy tips that you should adhere to when considering pricing for your product business - especially helpful when there is a lot of noise and pressure to run promotions and discount.
Catherine has over 20 years experience working with product businesses of all sizes from high street names (such as Paperchase, Laura Ashley and Coast), to some of the most exciting new independent businesses. She helps product businesses grow their sales, manage their stock, and build lasting businesses through 1-2-1 mentoring and her membership platform, The Resilient Retail Club.
In this lesson you'll learn:
- How to cut out the noise around promotions and sales
- When to use discounting on your products
- How to grow your bottom line
- Why you should pinpoint where there are pockets of cash already within your stock
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