How do I determine a price for my patented billiard product?

ByTim Berry•Jun 16, 2008

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My product is called The Laser Rack. It incorporates laser technology into a billiard rack to allow for visible confirmation that the rack is perfectly aligned. I have received a lot of positive feedback from pros as well as amateurs. My dilemma is setting the price.

I suggest you do a google search for "pricing is magic" and read through the various articles that come up with that. You can justclick hereto go straight to that search.

Tim

Tim Berry

Entrepreneur, Business Planner and Angel Investor

Tim Berry is the chairman of Eugene, Ore.-Palo Alto Software, which produces business-planning software. He foundedBplans.comand wroteThe Plan-As-You-Go Business Plan, published by Entrepreneur Press. Berry is also a co-founder ofHavePresence.com, a leader in a local angel-investment group and a judge of international business-plan competitions.

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