This is a good explanation.

It's probably worth pointing out that basing custom prices upon a buyer's perceived value of the item rather than the item's cost of production will usually generate higher levels of profit.

It will generate higher revenue, but at higher cost - the cost of figuring out each customer's perceived value. That's not free. Whether it's worth it or not depends on the details of the business.

SEEKING WORK | REMOTE

I'm an economist who helps companies increase their profits via strategic pricing.

I can:

* 1. Analyze your value propositions to ensure they resonate with customers

* 2. Recommend changes to your offerings to improve your bottom line

* 3. Show you how to nudge customers toward more profitable offerings

So what are you waiting for?

* Free automated pricing advice: https://taprun.com/robot/

* Website: https://taprun.com

* Contact: https://taprun.com/contact/

Mediocre sites aided by purchased links are returned instead of great sites with excellent content.

Yep, my initial problem was this. For instance, I was trying to learn product market fit, but the results I found on google was terrible.

I just built an MVP for a search engine that lets you use a whitelist or a blacklist for your searches. https://cowjar.com

I'm a big fan of DeMarco's The Deadline: A Novel About Project Management. It's very accessible and covers many important issues.

I would look for:

* Signs of previous growth

* Knowledge of related domains

* Creativity

* Desire for improvement

I write about pricing strategy. https://taprun.com

How about a SaaS that finds strong leads for my business?

The best approach will depend upon your goals, market, and the nature of your product. There is no "one size fits all" in pricing.

If you want some ideas, check the site in my profile.

I would try to come up with a project that you can focus upon. Whether it's writing a book or learning to sail, you'll be less likely to feel untethered. Also, you'll be able to look back and appreciate the time you had off.