Archive for the ‘Own the Money’ Category
How to Charge???
How much to charge is a key question for any business. While looking at competitor pricing is a clue… there are still some options.
Let’s review the basic choices:
- One-time fee
- Recurring monthly charge
- Annual membership or subscription
- Series of payments for large expenses
- Add-on fees (one-time or recurring) for premium services
Need more detail than just a list? Then it’s time to look at your competitors again. What are they doing?
The next question? Think about your customers.
The option you choose will have a huge impact on your business model. Nothing says you can have to select one option. Your customers might want a choice.
