Setting suitable pricing for your products/services and reviewing profitability

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How you price your products/services will have a great impact on the financial performance of your small business.

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Lume can help review and improve your pricing strategy to achieve the best outcomes for you.

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We have the capabilities to benchmark competitor/industry pricing standards and compare these to your offerings.

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We can perform scenario modelling for your small business to show the impacts of pricing your products/services at various levels (i.e. what does the bottom line look like if your prices were 5% or 10% higher or lower?)

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Being the lowest priced small business in the market does not always result in winning more projects/clients or achieving a sustainable bottom line.

 

Lume will work with you to ensure the prices you are paid for your products/services are aligned to the value you are providing your clients.