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Content provided by Monique Hutcherson Benoit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Monique Hutcherson Benoit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
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E 802: How to Price Your Product to Compete in Your Category

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Manage episode 480912519 series 3560247
Content provided by Monique Hutcherson Benoit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Monique Hutcherson Benoit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Summary

Pricing isn't just a number โ€” it's a strategy. In part one of this four-part pricing series, we're diving into how to set a competitive price that makes sense in your category and against your competitors. Whether you're launching your first product or reassessing your retail strategy, this episode will help you understand where you fit and how to price to stand out, not blend in.

In this episode, youโ€™ll learn:

  • What to research when evaluating your product category

  • How pricing tiers vary across mass, masstige, and prestige

  • Why benchmarking against direct competitors matters

  • Tips to avoid being priced too high or too low

๐ŸŽง Tune in and start pricing with purpose!

Links: ๐Ÿ”— Monique Benoit on Instagram๐Ÿ”— Monique Benoit on LinkedIn๐Ÿ”— Scaling Emerging Beauty on Instagram๐Ÿ”— Scaling Emerging Beauty Website

๐Ÿš€ Subscribe to Scaling Emerging Beauty for expert tips on growing your beauty brand!

  continue reading

61 episodes

Artwork
iconShare
 
Manage episode 480912519 series 3560247
Content provided by Monique Hutcherson Benoit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Monique Hutcherson Benoit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Summary

Pricing isn't just a number โ€” it's a strategy. In part one of this four-part pricing series, we're diving into how to set a competitive price that makes sense in your category and against your competitors. Whether you're launching your first product or reassessing your retail strategy, this episode will help you understand where you fit and how to price to stand out, not blend in.

In this episode, youโ€™ll learn:

  • What to research when evaluating your product category

  • How pricing tiers vary across mass, masstige, and prestige

  • Why benchmarking against direct competitors matters

  • Tips to avoid being priced too high or too low

๐ŸŽง Tune in and start pricing with purpose!

Links: ๐Ÿ”— Monique Benoit on Instagram๐Ÿ”— Monique Benoit on LinkedIn๐Ÿ”— Scaling Emerging Beauty on Instagram๐Ÿ”— Scaling Emerging Beauty Website

๐Ÿš€ Subscribe to Scaling Emerging Beauty for expert tips on growing your beauty brand!

  continue reading

61 episodes

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