In my years of working with indie entrepreneurs, the struggle is real when it comes to product pricing. That’s why I’m so excited to launch my Inspired Pricing System! Available now in my shop.
This system includes 5 unique tools to help you capture all of the financial aspects of your business in a single place and run your business smarter.
With this system you’ll be able to determine:
- The cost for each piece of a raw material used to make your product although it was originally purchased in bulk (24 lbs for $58, etc.)
- How much you want to work and how many products you can realistically make
- How much to pay yourself and what annual salary that will get you
- How much it costs sell your product whether markets, online store fees, credit card fees, or wholesale commissions
- Calculate your overhead and determine how to account for it in your product price
My favorite feature of my Inspired Pricing System is this Lifestyle Calculator that helps you plan in balance in your work life. After all, having a better lifestyle is the reason most of us begin our entrepreneurial journeys in the first place. This tool lets you see how getting a virtual assistant to handle the admin tasks, or taking an extra week of vacation, or figuring our how to make your product in less time will impact your business.
It also comes with a 9-page guide which walks you through how to use the tool and some valuable information on pricing strategy.
Check it out! Reach out to me if you have any questions or feedback!