The Truth About Market-Based Pricing on Etsy
Are your products priced correctly? Are you missing out on sales because your prices are either too high or too low? How do you know if customers see your products as high-end or bargain-bin? Well, in this episode of the Jam, we take a look at market-based pricing on Etsy!
Today, we're doing something kind of fun! We're going to kick off a three-part series where we're going to do a little bit of a point-counter-point, and we're going to be talking about pricing. There are a few different ways to price things. We're going to be talking about market-based pricing or cost-plus pricing. We're going to have one episode devoted to each of those. Then in the third episode, we're going to compare and contrast the two.
In our first of this three-part series, we're talking about market-based pricing and understanding what buyers are willing to pay for your product.
0:00 Intro
0:27 Pricing on Etsy
0:48 What is market-based pricing?
1:23 Pro: It's competitive
2:01 Pro: Get what you're worth
2:25 Pro: Position based on price
3:31 Pro: Marmalead can help
5:05 Con: Price may be less than cost-based
6:31 Market-based research
7:13 Con: Can't charge as much as you want
8:12 What to expect next
Want to grow your Etsy shop? Our free on-demand Etsy webinar is a great place to start. Check it out!
🏆 FREE Etsy Webinar: https://marmalead.lpages.co/webinar-registration/
Links:
🧡 Marmalead: The Best Etsy SEO Tool - https://marmalead.com
📰 Marmalead Blog - https://blog.marmalead.com
📷 Instagram: https://www.instagram.com/marmalead/
🎭 Facebook: https://www.facebook.com/groups/marmalead
🏆 FREE Etsy Webinar: https://marmalead.lpages.co/webinar-registration/
❔ Marmalead Live Q&A: https://marmalead.com/webinar/
#etsypricing #marketbasedpricing #howtopriceonetsy
Видео The Truth About Market-Based Pricing on Etsy канала Marmalead
Today, we're doing something kind of fun! We're going to kick off a three-part series where we're going to do a little bit of a point-counter-point, and we're going to be talking about pricing. There are a few different ways to price things. We're going to be talking about market-based pricing or cost-plus pricing. We're going to have one episode devoted to each of those. Then in the third episode, we're going to compare and contrast the two.
In our first of this three-part series, we're talking about market-based pricing and understanding what buyers are willing to pay for your product.
0:00 Intro
0:27 Pricing on Etsy
0:48 What is market-based pricing?
1:23 Pro: It's competitive
2:01 Pro: Get what you're worth
2:25 Pro: Position based on price
3:31 Pro: Marmalead can help
5:05 Con: Price may be less than cost-based
6:31 Market-based research
7:13 Con: Can't charge as much as you want
8:12 What to expect next
Want to grow your Etsy shop? Our free on-demand Etsy webinar is a great place to start. Check it out!
🏆 FREE Etsy Webinar: https://marmalead.lpages.co/webinar-registration/
Links:
🧡 Marmalead: The Best Etsy SEO Tool - https://marmalead.com
📰 Marmalead Blog - https://blog.marmalead.com
📷 Instagram: https://www.instagram.com/marmalead/
🎭 Facebook: https://www.facebook.com/groups/marmalead
🏆 FREE Etsy Webinar: https://marmalead.lpages.co/webinar-registration/
❔ Marmalead Live Q&A: https://marmalead.com/webinar/
#etsypricing #marketbasedpricing #howtopriceonetsy
Видео The Truth About Market-Based Pricing on Etsy канала Marmalead
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