Tag Archives: money

Pricing Your Products The Right Way

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Pricing Your Products The Right Way

Much has been said about gaining the trust of your customers. You need to have great branding efforts and your marketing materials should be engaging enough to draw them in. However, building trust goes beyond all of these. You need to show that your brand is genuinely caring – that you will always provide them with products and services whenever they need them. You shall act as a friendly advisor. On top of these promises, you have to be fair. Fairness is among the values that establishes the foundation of customer relationships. One way of exemplifying fairness is through pricing the products the right way.

Many business people, though they are genuinely caring, often make the mistake of putting up a high price tag. Your goal is to earn profit, but that does not mean that you will not be transparent with your dealings. You just don’t give prices without any basis. There are a lot of factors that come into play. Here are some of them:

Gauge the market:

The market shall always be your compass when determining the prices of your product. Just look at your competitors. They may be offering the same products and services, and you have to know how much they are charging. By simply looking at this factor will allow you to play the game with your ear. If you charge too much, your customers will go to your competitors. When your prices are too low, there will be risk of overwhelming demands, which in turn may compromise the quality of your offerings. Find the middle ground and take it from there. You can use various price monitoring tools in this case for guidance.

Consider your costs:

Sometimes, you will need to look at your own resources and production to gauge how much you are going to charge. You need to have a breakeven and even get your ROI. Otherwise, you will experience loss, which is not a good thing. Take into account other factors besides product development and manufacturing and include overheads, such as rent, staff salary, and marketing in your list.

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Talk to your customers:

Before you release or launch a new product, you have to talk to your customers first. Find out if they are willing to spend their money for the product or service you are releasing. You can conduct a survey or a focus group discussion to make this prospect easy.

Look at the economy:

You will also have to look at what the economy does to various industries. The effects of macroeconomic activities trickle down to businesses. They affect the prices of raw materials and manufacturing services. The price of your products should depend on the costs you incur at a specific economic phase.

The price is right, that should be the guiding principle you follow when deciding on the price tags of your product. When you price the products right, you are showing your commitment to being transparent and building trust. Pricing the products the right way should not be difficult, as there will always be methods and tools that will help you.

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Improvements That Could Increase The Value Of Your Home

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Improvements That Could Increase The Value Of Your Home

Are you looking for ways to improve your home, but aren’t sure where to start? Making improvements to your home can be extremely satisfying and you can customize it all to your liking. If you are on a limited budget, it can be hard to know which parts of your home should be prioritized when carrying out a renovation. If you are looking for improvements that will help to add some extra value to your home and, potentially make it more appealing to future buyers, these ideas should help:

Replace Your Windows and Doors:

Your home’s windows and doors are one of the first things that people will notice about your house; as they are one of the most prominent features on your home’s exterior. Over time, windows and doors are subjected to the elements and have to withstand everything from heavy snowstorms to the hot sun beating down onto them. It’s little wonder that every now and again it is a good idea to get your windows and doors replaced. As windows and doors are such an integral part of your home and perform such an important role, it is vital to choose replacement windows and doors which are well-made and of the highest quality. Mr. Rogers Windows and Doors offers a fantastic range of replacement windows and doors, which are sure to improve the appearance of any home.

Convert Your Loft:

Your loft is a part of the house that has enormous potential. If your attic is currently being used as a storage area, then why not bring it to life and get some real use out of it? Your loft offers endless opportunities for use as an extra living space in your home. Using your loft space to add extra bedrooms and bathrooms can really increase the value of your home, and make it all the more appealing to potential buyers. If you have no immediate plans to sell your home, a loft conversion still has its benefits. All the extra living space that you create makes a perfect place for guests to stay and is ideal if your family is still growing.

Update Your Kitchen:

Changing your kitchen can be a large project to undertake, but it is totally worth it when complete. The kitchen is the heart of the home, so making it a space that is as attractive as it is functional is important. Kitchen renovations can be super expensive, but you can adjust your makeover plans to suit your budget, and still make a big difference to the way your kitchen looks. If you are on a tight budget but still want to change things up, why not simply change the doors and worktops, instead? Replacing the doors and worktops may be cost-effective but can still make a dramatic difference to the overall look of the room.

If you fancy going all-out on redesigning your new kitchen, then you may decide to gut it entirely and start again from scratch. Going back to basics means that you are able to utilize the space better and get the kitchen exactly how you would like it. Additions such as high-end integrated appliances, attractive tiles, and kitchen islands can really help to add value to your home.

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Naomi Hébert on Unsplash

Renovate Your Bathroom:

Alongside the kitchen, the bathroom is the other room in your home that usually costs the most to improve. Due to the costs involved, a beautiful bathroom can have a really positive impact on your home’s value along with how much it appeals to potential buyers. If you have a small bathroom, you may look for ways to redesign it so that it appears bigger and less cramped. This can be achieved by installing a corner bath and corner sink so that less of the floor space is taken up, and every part of the room is utilized.

Be mindful of your budget, make a plan, and soon your house will be feeling brand new with an increased property value, to boot!

Featured Image By: Pixabay

How To Prepare For The Sale Of Your Home

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How To Prepare For The Sale Of Your Home

Selling your house is an exciting time, but it can also be quite stressful with all of the things you need to plan for and take care of – especially if you’ve never done it before. To make the process easier on you, in this post we’re going to share with you some of our top tips on how to prepare for selling your house:

Pick a good estate agent:

The very first step when it comes to selling your house is to ensure that you have a good estate agent who will be there to make the process as easy as possible and help you with any questions you have or any issues that arise throughout. Although there’s no foolproof system for finding an estate agent who does a good job and who you can trust, a good way to go about it is by asking for recommendations from friends and family who have sold or bought through a specific agent and then contacting them. Another option is by doing a search online in your local area, for example, for an agent with good reviews and see what you can come up with.

Carry out repairs:

Once you’re starting to prepare the house to get ready to sell and conduct viewings, then it’s going to be a good idea to start carrying out the repairs that have been getting put off and that really need done. This will also give a much better impression with the new potential owners, so it’s a good idea from an investment point of view. Whether it’s repairing floors, fixing a leaky pipe, installing a new Tsurumi submersible pump, or even fixing the roof, get these things done before you even start conducting viewings.

Have your paperwork ready:

Selling a house is a big task that involves a lot of paperwork, so making sure that you have everything ready on this front is very important and will make your life so much easier – especially if you’re looking for a faster sale or need things done in a certain way. You can speak to your bank and estate agent as well as your lawyer about the kinds of paperwork you need in order to get everything organized, but it’s definitely a good idea to do this as early as possible so that everything can run smoothly and you’re not rushing around trying to gather things that you don’t have.

Make sure everything is well presented:

If you want to sell your house, then you want to entice potential buyers and they’re not going to be interested in buying from you if your house is a mess, the garden looks like a jungle, and it looks like nothing has been taken care of since you moved in. Make sure that the place and the surrounding areas are clean, tidy, and free from clutter and, in some cases, it could even help you raise the value of the place a little before you sell it, which is never a bad thing!

Use the tips above to ensure that your sale goes smoothly and happy moving!

Featured Image By: Pexels

How Much Is My Face Worth?

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How Much Is My Face Worth?

Hiiii! Makeup is something that I definitely enjoy, but I would never say that I go overboard with my beauty product purchases. However, that doesn’t mean that I don’t like splurging every now and again! And that begs the question of how much is my face worth. I’m also going to include my hair styling necessities, since that is a major part of my look, as well. Let’s find out together, because now I’m curious!

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A typical MOTD for yours truly looks a lot like the look above plus or minus the lipstick. The products and cost of what I use to achieve that MUG are the following:

Eyes:

Brows: Microbladed by La Marie Brow Club

Mascara: I use a combination of mascaras to get the super bold, fanned out look but the main component is Better Than Sex by Too Faced. This mascara runs for twenty-four dollars per tube.

Eyeshadow: My favorite eyeshadow to use is a gorgeous metallic bronze shade from The Body Shop. When the store that I live by had their half off closing sale, I purchased quite a few of them for six dollars each. Not bad!

Face:

Blush: Like my mascara, I use a combination of blushes to create just the right color. I use Maybelline’s Dream Bouncy blush in Fresh Pink which costs about eight dollars per compact. I also use a warmer baked orange shade from The Body Shop over the Fresh Pink to make a nice, summery glow over the pasty pale, which gives a contrast that I love. That blush is called Macaroon and I got it for close to eight dollars, as well.

Highlighter: The highlighter I’m using right now is Sephora brand from their Golden Hour collection in a shade called Dusk. I like this highlighter a lot and it was the cheapest one in the store, costing me nineteen dollars.

Shimmer: To finish the makeup on my face, I use the Blush On Radiance beads from The Body Shop to tie everything together with a shimmery finish. One jar lasts me such a long time and is twenty dollars.

Lipstick: And, of course, my lipstick! I use a matte shade called Pure Red by NYX and it is six dollars per tube. It is absolutely divine and I have never used a better lipstick in my life.

Hair:

Leave In Conditioner: To keep my hair silky smooth, I use the Mistress Leave In Conditioner by IGK. It’s a bit more pricey at twenty-nine dollars. But, I’ve been using the same tube since September and I literally can’t live without it.

Heat Protecting Spray: I am currently using a heat protecting spray by Tresemme that I’ve had since August. It cost me seven dollars for the bottle, making for an insanely cheap cost per wear!

Hair Dye: Of course, I would be nothing without my signature red hair. Nothing, I say! The Vidal Sassoon Runway Red color from the London Luxe collection is all I will ever use and, at ten dollars per box, I can definitely swing that!

Hair Straightener: My Hot Tools hair straightener from TJMaxx was twenty-five bucks and it had to be included on this list because if I’m doing my makeup, then I’m definitely straightening my hair to complete the look. This flat iron works great and the products that I use definitely work well along with it.

Grand Total: $162

This sounds crazy because one hundred and sixty-two bucks is a pretty big number – BUT, I’m actually really happy with it… I thought it was going to be higher! I make an honest effort to use more budget friendly brands than high end and I think that number shows for it. My makeup lasts me a long time because I try to take good care of it and use it until its completely done and the cost per use of each product makes those purchases well worth it.

How much is your face worth? What is the cheapest and most expensive beauty product you use? I want to hear from all of you, so leave me a comment and let’s chat! Much love. -Sarah

Stingy Girl Secret

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Stingy Girl Secret

Hiiii! Okay, so before you read this post, a back story is definitely required. Because, even I have to admit, my Stingy Girl Secret makes me sound like the biggest cheapo on the planet. But, I promise you that this was the most unintentional hack I’ve ever come across. Let’s begin:

As all of you know, I had a really unfortunate oral surgery in December that left me suffering for an entire month. Although I am feeling much better, I am still having issues with beverages that are too cold. During recovery, I could only drink or eat anything that was tepid in heat because of the extreme sensitivity that my mouth was experiencing. With that in mind, we may proceed.

Monday is essentially my busiest day of the week, because I have back to back clients all day. Because of this, I like to get a little treat before I start my work day. AKA, I go to Starbucks after I fill up my car at the gas station. It has been my routine for some time now, and my day always feels off if I falter from that.

Normally, I enjoy an iced coffee to start off my work week. But, after an unfortunate incident, I just haven’t had the taste for it. (Long story short, my mouth started bleeding profusely when I was at a client’s house while drinking my iced coffee. The bleeding had nothing to do with the drink but, for now, I just can’t stomach it.)

Anyways, I’ve been on a big green tea kick from Starbucks since that happened post surgery, but I know that my mouth couldn’t handle a hot or an iced tea. So, upon my first trip back to Starbucks when I felt up to it, I went into the store instead of the drive thru, because this required the utmost sensitivity. I hesitantly walked up to the counter and asked for a room temperature green tea with anxious thoughts rushing through my head.

Is this request even possible?

Will they deny me my request for a not hot but not cold beverage?

Should I just run away screaming and never show my face again?!?!?!

Luckily, I didn’t have to run out of the door in shame and return only with a paper bag on my head, because the barista said I could do an iced green tea with no ice. An iced green tea with no ice?? My god, it’s so simple. So brilliant. So exactly what I needed. An iced green tea with no ice. It was a revelation. I paid for my drink and eagerly awaited for it down the way. Once my name was called, I reached for the cup and I couldn’t believe it.

IT WAS FILLED TO THE BRIM!!!

In my hazy post surgery gone wrong trauma, I really don’t know what I was expecting. For them to just fill the cup halfway because of the no ice request, I guess. But, no. My Trenta cup was filled all the way to the top with BEVERAGE. It was a miracle.

I really didn’t realize how little drink that I was getting from an iced beverage when the ice was actually in it. On my normal Monday morning commute, I would finish my drink on my way to work. But, now that I have a filled to the brim drink, I can sip on it happily for a while when I’m working. And, to this day, I always ask for my iced drink with no ice so that my sensitive teeth aren’t screaming at me and I can get a full whopping thirty ounces of beverage with no questions asked.

Stingy? Yes. But, this find was so unintentional and honestly so simple, it’s a bit stupid. BUT, it was literally the only highlight of the major trauma that I went through last month and I had to share it with all of you. I don’t know what I was getting at with this essay but, I’ve said my piece, and I feel really great about it – so thanks for reading! 😀 lololol

What is one of your stingy secrets? How do you save money when you treat yourself? I want to hear from all of you, so leave me a comment and let’s chat! Much love. -Sarah

Making Sure Accidents Have A Minimal Impact On Your Financial Life

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Making Sure Accidents Have A Minimal Impact On Your Financial Life

Hopefully, you won’t be involved or implicated in any accident throughout your lifetime. But it’s a good idea to prepare yourself in case of accidents and to know what to do if you find yourself injured in an accident. Injury can have a profoundly detrimental effect on your overall health and well being, making it difficult for you to work and, consequently, negatively impacting your finances. Here are a few different ways to avoid the financial strain from happening if you find yourself hurt:

Taking Out Insurance:

A precautionary step that you can take in regards to accidents is to take out insurance. Insurance policies essentially protect you from experiencing financial difficulty if negative events occur in your life. Travel insurance can cover medical costs incurred overseas, such as care, treatments, and procedures. Disability insurance can ensure that you still have an income if you become disabled and are no longer able to work.

Gathering Savings:

Another step to take is to gather savings. This means that if times get financially hard during your process of recovery, you will have funds to fall back on. You won’t have to go without at any point. You can generally gather savings by dedicating a portion of your disposable income to a savings account each time you are paid. Make sure to compare different savings accounts and to choose the one with the best interest rate.

Seeking Legal Help:

It is extremely important that you seek help after an injury if the injury was no fault of your own. Generally speaking, injuries take place in spaces where others are responsible for your safety and well being and, if you have been hurt, someone needs to be held accountable. This goes for injuries that occur in the workplace, in public places, or on commercial premises. Seeking legal help can ensure that the same doesn’t happen to someone else in the future, and it can also help you financially. Those in the wrong should pay compensation, which can cover your medical costs and can go towards your lost earnings during your period of recovery. This will help you to avoid going into debt if you have to take time off work to get back to your usual, healthy self.

Living Within Your Means During Recovery:

Recovery can be a relatively dull period in our lives. We have limited entertainment and distractions and can quickly grow bored of watching the same television shows each day. So, it’s not all too surprising that many people tend to treat themselves excessively and live beyond their means at this time. They might spend more on comfort food. They might purchase films they’ve not seen before. They’ll buy more reading material. The list goes on and on. But it’s extremely important to live within your means during your period of recovery, or you might find yourself sinking into debt.

These are just a few different steps that you can take in order to ensure that accidents have as minimal of a negative impact on your finances as possible. Incorporate them into your routine as soon as you get a chance!

Featured Image By: Pexels

How To Get Your Foot On The Housing Ladder

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How To Get Your Foot On The Housing Ladder

Getting your foot on the housing ladder can be a difficult (and daunting) thing. What does all of this financial jargon mean, and will we ever understand all of the mortgage-related words that are floating around? And, on top of this, will we be in the endless cycle of renting forever? However, getting your foot on the ladder is a great way to stop wasting money on renting, and it feels really good to be on the road to owning your own home. Read on if you want to know how to do it, and say goodbye to your rented property:

Get a loan:

Ah, the dreaded word. Getting a loan may not be as bad as you actually think, though, and it can help you to cover unexpected moving costs, as well as your deposit and other expenses that you’ll have to pay out. Check the rates before you dive head first into the world of borrowing money, and make sure that there are no hidden terms and conditions that might compromise you in ways that you didn’t expect. Whilst getting the home of your dreams is important to you, it isn’t worth risking too much and acting haphazardly, and loan companies don’t always advertise the downsides.

Speak to a mortgage broker:

The most popular way to get your foot on the housing ladder is getting a mortgage, so speak to a mortgage broker if you’re thinking about choosing this method. The same thing applies here when it comes to getting a good rate with no hidden costs, but speaking to a professional will help you to establish what you really have to pay out, and how many years your mortgage will cover. It may not be as daunting as you really think, and you won’t be paying it off for the next fifty years, especially if you work out a good repayment scheme with your broker. Get in touch with someone like https://altrua.ca/ if you’re looking for a mortgage broker.

Help to buy schemes:

If you’re struggling to get into the housing market, then the government could help you with a Help to Buy scheme. For every £200 you save towards your own home, the government will give you £50. This goes up to £3,000 in total that you could get from them, so it is worthwhile if you’re serious about buying your first home. This can help you to secure enough for a deposit and, this isn’t a loan, so you won’t have to pay it back. No matter what country you’re living in, there could be help from the government with buying your own home, so have a look into the options that are out there if you’re looking for a hand with funding from the government.

There are many ways to get your foot on the housing ladder, and getting a loan is one of them, although you should be careful about what you’re actually signing up for. Most people will have to get a mortgage, so speaking to a mortgage broker (a good one) will help you to get the ball rolling. However, before you visit any mortgage broker, make sure that you have a good basis for a deposit, and the government can usually help you with this. Look into your options, and get yourself on the housing ladder!

Featured Image By: Pexels