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How to price a service when you have no competitors to copy

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hbr.org

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This piece for Links Beat collects the advice that holds up in practice.

Pricing feels like guesswork when nobody around you sells the same thing. Start from the customer side instead of your costs: what does the problem cost them today in time, money or missed opportunities? A price that sits clearly below that number is easy to justify, while a price built only on your hourly rate tells the customer nothing about value.

Tags:#freelancing#pricing

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