The Small Business Big Marketing Podcast with Tim Reid cover image

How to price anything with The Pricing Lady Janene Liston | #603

The Small Business Big Marketing Podcast with Tim Reid

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The Cost Plus Mythodology

A lot of people think that the cust they falsely think so. They believe that the cost is what should determine the price, and that's why they use a cost plus mythodology. If that were true, then every time you went to the grocery store, before you decided which apples to buy, you would be sitting there thinking about how much it cost the farmer to produce them. The last time you boughta watch, did you think about what it cost the wasm watch manufacturer to make it? It's not in most cases.

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