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PRICING &

PROFITABILITY ANALYSIS

Setting suitable pricing for your products/services and reviewing profitability

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

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

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

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?)

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.

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