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Pricing Strategy

Help Light of Loving Kindness create a well-designed pricing structure that accounts for key variables in their target market and product/service offering.
Light of Loving Kindness
Chicago, IL, USA
Light of Loving Kindness
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Light of Loving Kindness
Chicago, IL, USA

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Cause
Diversity & inclusion
Skills
Finance Strategy consulting

Posted November 18th

Pricing Strategy

Project details

What we need
  • Analysis of Organization’s target audience, competition, costs and products/services
  • Recommendations for pricing for existing products/services
  • Assessment of whether any products/services should be discontinued or offered at differential price points based on constituents’ needs
Additional details

We have a workplace services division that we use to supply financing for our nonprofit work. I don't know how to price our workplace services. Its all over the place. Please help.

What we have in place
  • We currently have all of the info needed about what we offer, which should make it easy for you to get started. We also have the ED ready to supply whatever is needed, and the ability to provide any other information you need.
How this will help
This project will save us $6,868 , allowing us to send 7 young adults , 13-22 years old, from low income and trauma affected areas to the self love bootcamp

We will be able to put more into our bottom line for our youth and community programs.

Project plan

P
Prep: Current Materials
  • Volunteer Manager provides overview of current pricing and products/services and business practices
1
Milestone 1: Research & Analysis
  • Professional connects with Volunteer Manager for a brainstorming/overview session
  • Professional analyzes current pricing strategies
  • Professional gathers information about the Organization’s products and services and the use of the Organization’s resources in providing those products and services
  • Professional researches and analyzes similar products and services on the market
2
Milestone 2: Recommendations
  • Professional proposes pricing for products/services based on research of demand, audience, costs, competition, etc.
  • Professional assesses any changes needed such as phasing out certain products/services, differential or tiered pricing, etc.
  • Organization provides feedback to Professional's proposals
3
Milestone 3: Delivery of Pricing Strategy
  • Professional delivers a Pricing Strategy outlining the new pricing recommendations
  • Professional provides suggestions for how to roll out the new plan
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About the org

Light of Loving Kindness
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Causes
Diversity & inclusion Human services Youth development
Posted by
Cassandra P
Cassandra P.

Executive Director & Founder

Our mission

Light of Loving Kindness is a 501(c)3 non-profit organization that empowers a new generation of conscious leaders by providing access to streams of self-awareness, through specialized programming, mindfulness-based solutions, social-emotional learning, human connection, nature, art, and holistic wellness tools that cultivate the self-esteem and confidence needed to pursue their life's purpose.

What we do

We accomplish this thru workshops, education, training, and resiliency services at free to low cost to communities that are low-income, underserved, and trauma & violence affected.

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