Week 4: Pricing

 
 

How much will you charge to cover costs and make profit?

WHAT YOU NEED TO KNOW:

Weekly Q&A Session will take place Thursday at 7:30pm-8:30pm.

Log into Zoom via this link to access the video call:

Join Zoom Meeting

https://zoom.us/j/7681727029

Estimated completion time: 5-6 hours

**Tip: Save your reflections from each week to make your final reflection assignment quicker.

**Tip: Take time to go back to the potential customers and ask their feedback on the pricing. You may only be guessing until you ask.

This week helps you take the costs from last week and the research you did in week two and combine it to determine what you will charge and who you will charge for this.

  1. WATCH THE VIDEO HERE: https://vimeo.com/337495389 Password is B4Cstart2019!

  2. Complete the activity sheet here: https://learnerresources.s3.amazonaws.com/49600/learner_resource_uploads/0d9b468056b214170ef05e3b2c/Worksheet%20-%20Pricing%20Objectives.pdf?AWSAccessKeyId=AKIAISYQKO7XGWQY6LNQ&Expires=1705274343&Signature=FHB6CorpcgYOkrwofRBEdltbZCM%3D

  3. Work on your cashflow template here using the information from the previous worksheet and last week’s cost worksheets: https://docs.google.com/spreadsheets/d/12oBdzjHJjXcKe2kJ1o5_k61lRjU5FjfB12vkcOHncg0/edit?usp=sharing

  4. Complete the reflection activity below

 

REFLECTION ACTIVITY:

Reflect on the following questions in either a video format, written, visual, or other.

Make sure the format is something you'll be able to refer back to later as you'll have to compile all reflections for the final assignment.

It is best for you to do this while the content is still fresh in your mind.

  1. What was one thing that added the most value to your idea?

  2. What was the most difficult part of this section?

  3. What was a personal barrier you felt you may have to using this information in the future successfully?

  4. Were there any fears that came up while you completed this section?

  5. Any other reflections?


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