Set prices

Find out how to set the right price for your products and services to maximise sales, protect your margins and boost profits.

Set prices - overview

Your business needs to get pricing right. The basics on the different pricing strategies you could use, and what you need to consider.

Wooden dice spelling out value and price
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Seven ways to price your product

Ask people to pay too much and they will stop buying: too little and your profit margin slides. Here are seven ways to price your product accurately.

A man is working out the price he should set
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How to price your service

Pricing a service can be trickier than pricing a product. Getting it right means accurately valuing your time and expertise. Pick up other advice.

Product pricing calculator
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Product pricing calculator

Our free downloadable product pricing calculator works out how much you should be charging to cover your costs and make a profit

A blue sign saying make more money
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Ten ways to increase your profits

Firms are always searching for ways to trim their costs and increase their profits, in good times and in bad. Make your business leaner and fitter.

Business owners setting prices for their products and services
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Essential guide to pricing

Pricing guide: how to get your pricing strategy right to maximise profits, boost sales, keep prices competitive and protect your margins.

A woman making a purchase from her phone
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Don't compete on price

Competing on price threatens your margins and your reputation. Ben Dyer explains why small business owners should avoid price-cutting.

Roll of receipts printing paper
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Choose a pricing strategy

Pricing is one of the most important aspects of your business to get right. Find out what you need to do before putting a price tag on your product.

Paper game
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Why value-based pricing works best

Value-based pricing is about coming up with a price that your customers are willing to pay. Pricing strategist Mark Stiving explains.

A couple look at a receipt and wince at the prices
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How to set competitive prices

Regular sales are vital for your business. So how can you ensure your products and services remain keenly priced and relevant to your market?

A main checks the lable on a bottle of wine to assess the value for money.
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A guide to price comparison websites

Price comparison websites are valuable tools to help you analyse competitors and check out price fluctuations. We guide you through the key sites.

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