Need help with my Marketing question – I’m studying for my class.First part:Pricing Your Product/Services Activity (450 words)Determine Your Unit Costs – How much does it cost to purchase, produce and/or sell your product? Think about it in one-unit increments if it is a product or in the average price for your services. Provide an itemized listing of costs for your product. I suggest using a matrix (table).
Select three competitors and look at the whole package they offer not just the unit price (see “Pricing strategy for Small Business” article) (https://www.thebalancesmb.com/pricing-strategies-f…)
Define a pricing strategy (see “Different Pricing Strategies Which One Is Right for You” and” 5 Easy Steps for Creating the Right Pricing” articles) and select at least one to set a price for your products or services. (https://quickbooks.intuit.com/r/pricing-strategy/6…) (https://www.inc.com/patricia-fletcher/5-easy-steps…)
Price your Produce or Service and include an explanation as to why you selected the pricing strategy you did and how it fits or will make money for your particular business.
Second part: Design a website using weebly.com, WordPress or a similar free site that includes the following sections/tabs:About the company and/or you
Highlight the product or service & what/how it solves a problem or adds value to your target market
Include some resources or materials that establishes you as the expert or “go-to” person (may include links to other sources)
Tell them where they can find you or your product
Define your pricing structure and set up an easy way for them to pay