For many business owners, the process of determining how to price
products or services is akin to boiling eye of newt in a cauldron
surrounded by wicked witches. But pricing is not magic, any more than
selling is magic. The Dark Art of Pricing demystifies pricing for
small- to medium-sized businesses. An accountant can tell you how to cut
costs, and sales trainers can help you improve your follow-through. But
focusing on pricing--an often ignored area--allows you to find that
sweet spot where you become the price leader because you are the best in
your industry and the go-to company because of your unique value.
Finding the right pricing strategy takes testing and tweaking. But the
"how" and "why" are buried in corporate vaults and academic journals,
almost inaccessible to the average business owner. Author Andrew Gregson
has started and owned five businesses, including two franchises, and
spent years consulting on profitability to small- and medium-sized
businesses in North America. He simplifies the strategies that help
business owners find ways to charge what they are really worth, drive
larger profits, build wealth, and eventually attract buyers when the
time comes to retire to a sandy beach.