one of the most important determinations a business must make is how much to charge for their services. you find one or two data points and go higher or lower than your competition based on your level of quality compared to theirs. it is designed to help you systematically track, compare and optimize pricing relative to your competitors. start by registering your company products and pricing in the product and our price columns.
you can record up to 10 products. price, market deviation and average price column cells are highlighted in grey, meaning they have pre-built formulas that automatically calculate based on your data. these visualizations make it simple to analyze whether you are underpricing or overpricing your product relative to your competitors. as markets and products change faster than ever, it’s important your strategy in regards to pricing does as well. with a structured way to evaluate your services value, you can make better decisions that level up your business.
all of these excel templates are simple to use, printable, and fully customizable for business or personal use. construction contractors can also use this template to select subcontractors for a project. the template includes columns for low, high, and average prices so you can easily see where your pricing falls on the spectrum. getting a quick overview of your competition is a starting place for more in-depth analysis and strategic approach to your pricing. consumers can also use this price comparison sheet to figure out which businesses have the lowest prices for various products or services.
enter projected financial losses and gains for a project, new product development, or other business venture to administer a basic cost benefit analysis. the template provides columns for a span of five years and weighs costs and benefits in order to determine total potential value over time. a business that works with vendors and suppliers may use a price comparison to evaluate costs before choosing a vendor or purchasing certain products. of course, you can use a comparison template to evaluate any item or feature (not just the price). empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change.
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