? Are you confused about how to price your products? In this tutorial we're going to explain a history of pricing, proven strategies to understand the best way to price your shopify, dropshipping products. Today we will be looking at 3 methods for how to price your ecommerce product. We also gonna learn how to add value to these products and a bit of history on pricing. We'll also go through a workflow for staying out of price wars and boosting your product value so you can charge customers higher prices while still providing quality.
0:48 Method #1 Fixed Cost Pricing
2:06 Method #2 Competitor Research
3:29 Method #3 Value Based Pricing
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DISCLAIMER: Any advice I give is solely based on my own experience and research. There is no guarantee as there are many variables that will impact your success. Everything stated should be taken as opinion.
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