D.3. Pricing Strategies
The business will use cost plus strategy in order to set the price of its services. The computation would be:
Labor Cost + Operating Cost + Mark-up = Selling Price
D.4. Promotion
The use of advertising through social media (e.g., Facebook, YouTube) will be primarily used by the Company. Also, a website (see Figure 3) is created to allow potential clients to have a quick access on the services being offered by the company. Furthermore, the website will provide the background of the company, the company’s mission and vision, and opportunity for the clients and potential clients to give their comments and suggestions for the improvement of our services and for building client relationship. The website will also provide contact information.
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