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* Crafting your Pricing
Value-based pricing is the most popular and effective. Of course, it’s also the hardest to nail down. To determine your value-based price, you figure out how much money or value your product generates for the user in the long run, then take a fraction of that.
Naming your price involves setting a delicate balance between your business model, objectives, market position, and customer insights. It’s not easy—but if you do it right, you’ll literally profit.
Written by: Aja Frost
This link has the full article, https://www.sitepoint.com/everything-you-need-to-know-about-setting-your-prices/