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Pricing Products

I've had a lot of questions about prices. There are many pricing calculators, but here is some information you should keep in mind when you price items. 1) Different locations and markets will and should have different pricing, especially if you're selling locally. 👉Ex: in NYC, everything cost more than in a small town in NY. Massachusetts minimum wage is $15. Cost of living is more in California than Mississippi. Money has different value depending on where you are. 2) Cheaper does not mean more sales. 👉If something cost $10 one place and $20 another, it might give the impression that the $10 item has lower value or quality compared to the more expensive option. 3) Plan to have sales. 👉Sales are inevitable at some point in your business. Charge enough that you're not cutting into profits when you have a sale. Price a little higher and have a sale - people love seeing a discount and feeling like they're getting a good deal! Do not have items ALWAYS on sale. Sales sho
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Introduction

Welcome! My brand name is Lily Ahn, and I am a woman who wears many hats. As a business owner, mother, wife, coach, friend, creator, and designer, I know all too well how challenging it can be to juggle multiple roles and responsibilities. However, I also believe that with the right mindset, tools, and support, it is possible to thrive in all areas of life! I look forward to sharing all of that with you and hopefully inspiring you to grow and flourish. In this blog, I will be sharing my personal experiences and insights on how to navigate the complexities of entrepreneurship, motherhood, and personal growth. From business tips based on experience, to practical tips on time management and productivity, to reflections on the joys and struggles of balancing family and career, and musings on creativity and design, my goal is that this blog will inspire, educate, and empower people who are striving to live their best lives. Whether you are a fellow mompreneur, a creative soul, a business ow
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