AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
20min chapter
#158 Pricing Effectively Based On Your Efficiency
Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast
Mastering Pricing Strategies
This chapter explores the crucial differences between gross profit and gross margin, highlighting their impact on pricing strategies for small businesses. It emphasizes the importance of daily operational tracking and effective sales training while advocating for controlled discounting practices to protect margins. Additionally, the discussion addresses the challenges of commission structures and training within service industries like plumbing, HVAC, and electrical fields, stressing the need for transparency and accountability in pricing management.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode