Ep. 22 - Pricing Your Product
Determining the price for your product can be tricky. Too high and it won't sell. Too low and you run yourself out of business. Find out more about this balancing act in this episode.
Open Hardware Manufacturing Podcast · Stephen Hawes
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Show Notes
Pricing your product can be a daunting task. Set the price too high, and you risk alienating potential customers. Set it too low, and you may find yourself struggling to sustain your business. While there's no "one-size-fits-all" formula, our experience in this field has given us some perspective on how to approach it!
Adafruit Blog Post: https://learn.adafruit.com/how-to-build-a-hardware-startup/pricing-your-product
Also, Stephen was super wrong in this episode: DRM is not "Digitally Restricted Media" but instead "Digital Rights Management"!
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