| - |
The competition
(or lack of it), your product or service fees.
If you have a “one of a kind” then
the higher the initial price may be palatable
to clients. |
| - |
The sensitivity of your
clients to pricing for your type of product
or service. |
| - |
The price elasticity (the
lower the price the more you sell and vice versa).
Keep in mind what you have to sell in order
to make a profit, and then chart out the variations
in prices and quantities to sell in order to
pinpoint the right one. |
| - |
The value of the product as it relates to the
price. |
| - |
The position you have established for your product. |
