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Pricing for your small business
Rating: 5.0 out of 5(1 rating)
358 students

Pricing for your small business

How to price your products and services
Created byWenta Business
Last updated 7/2025
English

What you'll learn

  • Understanding the ‘Thirds’ rule
  • Increasing sales revenue
  • Pricing models
  • Service-based; setting an hourly rate
  • Product based; breakeven per unit
  • Mark-up vs. Margin
  • Price as value

Course content

1 section5 lectures1h 2m total length
  • Pricing for Your Business55:41

    Getting pricing right is a vital consideration for practically every type of venture – whether you are pre-start, early-stage or established as an owner-manager or employer.


    Overview:

    We'll look at the principles of pricing and:


    • Differing approaches to pricing a service and/or a product


    • Calculating costs, prices, breakeven, mark-up and margin


    • The pros and cons of discounting


    • How pricing astutely can improve profitability and enhance brand loyalty


    Agenda:

    • The ‘Third’s Rule’


    • Increasing sales revenues


    • Pricing models


    • Service-based: setting an hourly rate


    • Product-based: breakeven per unit


    • Mark-up vs Margin


    • Price vs Value

  • How to improve your profit2:39
  • Business Plan Template0:01
  • Know your numbers1:30
  • How to budget2:18

Requirements

  • No experience needed. You will learn Everything you need to know.

Description

This webinar is designed for a wide range of individuals and businesses who need to get their pricing right to succeed. Whether you're just starting out, scaling up, or running an established business, understanding how to price your products or services effectively is essential to long-term success.

If you're a startup founder, freelancer, or solo entrepreneur or running a small business then this session will help you move away from guesswork and gain confidence in how to set prices that reflect your value, cover your costs, and drive sustainable profit. You’ll learn how to avoid common pitfalls like undercharging, inconsistent pricing, or overly aggressive discounting.

For small business owners, owner-managers, and employers, this webinar offers practical tools and models to help you review and refine your current pricing strategy. Whether you're offering a service, selling physical products or managing a hybrid business, you'll benefit from learning how pricing impacts both your bottom line and your brand perception.

The webinar is also valuable for anyone involved in financial planning, sales strategy, or marketing, as pricing influences all areas of a business. If you've ever asked yourself, “Am I charging the right amount?”, then this webinar is for you.


Agenda:

• The ‘Third’s Rule’

• Increasing sales revenues

• Pricing models

• Service-based: setting an hourly rate

• Product-based: breakeven per unit

• Mark-up vs Margin

• Price vs Value

Who this course is for:

  • Anyone thinking about starting a business
  • Anyone running a business