₦airaland Forum

You need to first of all understand and analyse your markets and the type of product or service you render. If you sell a commodity product or you offer a service in a highly competitive market, it may be difficult for you to increase your price without losing customers. But if your service is a specialized one or you offer a unique service, then you can increase your price.
Also, you need to understand that pricing can be a perception of the worth of your service. If you price yourself cheap, they may believe that your service is of less quality. If you are sure of the quality of the service you render, I will advise that you put a premium on your service and this should reflect in your pricing. But if someone can easily get the same thing of the same quality somewhere else, increasing your price will not pay.
Another dimension to it is that, even though you offer quality service, if you are just starting out, you may not be able to charge the same way the "Big Boys" will charge. You need to start from somewhere else. You need to adopt penetrating price. When you start having reference of satisfied clients, then you can start charging more.
You mentioned that one sales can offset the period of low sales if you charge high price. There are other factors you need to consider (both qualitatively and quantitatively). Charging high means less customers. You don't spend your time servicing large customer's base. You have time for other things like idea generations, product development, market research etc. On the other hands, if you charge less, you may enjoy more patronages but it can amount to 'activity without productivity'. Nevertheless, this method will help you grow your references. But you need to know when to start charging appropriately before they tag you 'cheap'.
In summary, instead of charging cheap, charge them your normal price and then offer them special discount. This will make them appreciate you the more. For further information. I suggest you read as many articles you can from the link provided below:
http://www.businessinfohub.com/category/sales-marketing/pricing/

soulhighman:
Hmmmmmm.....….…don't even know what to say.

It is actually amazing. In the population of over 6 billion people

You read that right. There are 80 people who are as rich as the 3.6 billion poorest. With 7 billion people on the Earth, that means these 80 people control half of the world’s wealth. Sit back and think about that for a minute. So who are these people and how did they make their money?
http://www.monimatters.com/2015/06/16/these-80-people-control-half-the-worlds-wealth/

Our President needs the supports of Nigerians both home and abroad to succeed. I believe he understands this. May God give him wisdom to move this country forward.

Unity in diversity. God bless Nigeria!

Everyone has time for what he/she loves. I think it is the question of interest and discipline. A nice post!

Soo funny!

Is it only salary earners that can benefits? What of about the entrepreneurs with bright ideas but no capital to execute?

It is a good policy but I don't know how feasible it is when the number of unemployed is more than the employed. Some parastatals are owing their staff. Government complains on spending too much on recurrent expenditure. I can't actually match these.
Let's assume we have 20 million unemployed. Paying N5,000 to each person translates to N100bn every month and N1.2 trillion per annum.
Statisticians can help me out on the figures and compare it to the National Budget.
Instead, I believe this money can be invested on developmental project.

It is a good policy but I don't know how feasible it is when the number of unemployed is more than the employed. Some parastatals are owing their staff. Government complains on spending too much on re-recurrent expenditure. I can't actually match these.
Let's assume we have 20 million unemployed. Paying N5,000 to each person translates to N100bn every month and N1.2 trillion per annum.
Statisticians can help me out on the figures and compare it to the National Budget.
Instead, I believe this money can be invested on developmental project.

Mrs Osinbajo: I think you now see that it pays that you supported your husband in the campaign! Now, you are sitting here as First Lady.
Aisha: La,,,,,augh!

Behind every successful man is a woman. The support made the difference!

That's serious

Our Presidoo

This is very rich. I wonder why people don't read this sort of post. But there still some people who will appreciate you for the information. Thanks.
If you are considering starting a business or you have already started, read http://www.businessinfohub.com/category/startups/starting-business/

My brother, getting job is scarce now. Even those ones with jobs are not secured. Start thinking entrepreneurship. visit http://businessinfohub.com

Keeping to his promise

Nice innovation

It will be good if they can let us know the percentage of consumer debts among the debt portfolio. Want to learn how to grow your business without breaking banks, visit http://businessinfohub.com

People like feeding their minds with junk. These same people will always complain about money, not knowing that "As He thinks in his mind, so he is". For business minded people, visit http://businessinfohub.com to develop your mind.

N8 billion is not a small amount!