Don’t Underprice Yourself

New businesses in particular tend to price themselves too cheaply.

Jun 10, 2003

They may start off getting lots of work…and slaving away toget it all done. Then they realize they’re not making enoughmoney to justify their expenditure of energy. Avoid the temptationto underprice to get your business started. You’ll find it hardto raise prices too quickly, so you’ll pay for your mistake foryears.

Excerpted from Knock-Out Marketing: Powerful Strategies to PunchUp Your Sales

They may start off getting lots of work…and slaving away toget it all done. Then they realize they’re not making enoughmoney to justify their expenditure of energy. Avoid the temptationto underprice to get your business started. You’ll find it hardto raise prices too quickly, so you’ll pay for your mistake foryears.

Excerpted from Knock-Out Marketing: Powerful Strategies to PunchUp Your Sales

The rest of this article is locked.

Join Entrepreneur+ today for access.

Subscribe Now

Already have an account? Sign In

Related Content