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Podcast: Business Growth Podcast
Episode: 299. Let’s Talk Profit Margins & Affordability in Small Businesses
Description: LISTEN TO THIS EPISODE IF YOU ARE LOOKING TO LEARN MORE ABOUT PRICING YOUR PRODUCTS & CHARGING WHAT YOU’RE WORTHIn this episode, I dive into the importance of understanding profit margins and why affordability isn’t the goal for most small businesses. We’ll explore the challenges of keeping prices low, from scalability issues to limiting your potential for growth.I’ll explain why charging your worth and clearly communicating the benefits of your products is key to success. Whether it’s $150 mugs or handmade goods, people will pay for what they perceive as valuable...