It is very important to know how to price your product properly. Too many entrepreneurs set themselves up for failure, the moment they add a price tag to their product or service. Knowing just a few key things will help you avoid this fate.

In this video we're talking about 3 common mistakes that you need to avoid when pricing your product:

- Mistake #1 is trying to compete on price - It occurs when you don't know how much your product is worth...

So you just take a look at your competitors and think "I'm going to price my products lower than they do, so their customers will choose me instead".

- Mistake #2 is setting the price based on your type of product. So, you're thinking "Hmm, I guess this should cost THIS much...?".

- And finally, mistake #3 is not giving people to oportunity to give you more money (even when they want to).

Watch the video to find detailed answers for these questions, along with simple examples why you shouldn't price your product based on these factors.

Also, check out the full blog post + 2 bonus tips here: [ Ссылка ]

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