8 Pricing Strategies Explained

Choosing the right pricing strategy is so important to a product's success. But with so many to choose from, which strategy should you choose? In this video, we will be looking at 8 Pricing Strategies with examples & 5 factors to consider when pricing your product.

#BusinessStudies #GCSEBusinessStudies #ALevelBusinessStudies

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ABOUT NISHA MENON:

Nisha Menon reveals her tools, tips & strategies for a smoother road to success. This channel aims to help you build your own business from scratch, using the experience, lessons and pitfalls Nisha has learnt in her 12 years of entrepreneurial life.

Nisha is the Director of NIKASU Foods & founder of JACK & CHILL. NIKASU is a family run business with 2 factories based in India manufacturing Frozen food for over 25 years. She has been managing the UK office since 2008.

She
1) Has been featured in FEMINA magazine & Empowered Magazine.
2) Has contributed to TELEGRAPH newspaper articles
3) Has written review on BBC Dragon's Den episode
4) Was nominated to attend the FORTUNE Most Powerful Women summit in London
5) Was shortlisted 3 times in Croydon Business Awards
5) Gives talks at food exhibitions & seminars
6) Mentors university students & aspiring entrepreneurs

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DISCLAIMER: Any information given on this channel and the videos are for educational/information purposes only.
This description may contain affiliate links to products, I have personally found useful. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thank you for your support!
#nisha menon
#pricing
#product

[chaydua]

I have seen all your videos and i have learning and started importing good and thank you so much for your clear information. 😇😇 bless you

[vishnureddy]

Hey ur videos are really nice Love from India

[dikshabansal]

Thank you so much Nisha for picking the desired topic 🙏 As usual very informative and knowledgeable content to proceed the entrepreneurial journey. Thanks again😊

[Grace-W]

Hi Nisha, thank you for the time you take to make this videos, they are invaluable and have inspired me to look into starting an importing business.

For someone like me without a large capital, do you think it's best to start as an agent finding buyers in the UK for products from non EU countries or is it best to start as a distributor? If I go the route of a distributor, should I get the products packaged from source to save money?
One other thing, what is the difference between an importer and a distributor?

[lokeshchandaliya]

Fabulous Nisha I learnt pricing the hard way loosing a business but m not giving up next business I'll strategize it

[arunkhandare]

Thanks Nisha . Pl guide us how to promote our products Rice, Turmeric powder, frozen green peas and sweet corn in UK

[NishaMenonBusinessTalks]

Thanks a tonne for watching! 😊
Do let me know in the comments below which strategy you have used in your business!