Biz Move
Biz Move: How to Set a Price for a Product in a Manufacturing Firm
This article proposes maximizing profits as the basis for pricing decisions in manufacturing. It also discusses direct costing, price-volume relationship, establishing contribution percentage and more.
Biz Move
Biz Move: How to Set Prices in a Service Business
This article discusses how to set prices when your product is a service rather than a manufactured good. It describes some of the pricing problems related to the fact that you are selling an intangible good.