Price List Templates
A price list informs clients of a company’s product and service prices. It allows buyers to reference prices, compare costs, and decide on purchases. Hair salons, restaurants, and online retail stores often use the lists to show customers their pricing model. However, any business can take advantage of a price list. In some cases, the company includes wholesale or unit prices, mainly if they send the list to another firm or corporation.
Businesses create the price list in digital or physical formats, making them easily accessible to prospective customers. When creating a price list template, the company must break it down into smaller sections for the client. For example, pricing scales may operate by package rather than individual products. In this case, the business must state the package name, the products or services it includes, and its cost.
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Editable Price List Templates
How to Make a Price List Template
Price list templates vary based on a company’s unique needs. The essential factor in a price list is readability. The easier it is to understand, the more likely clients will use a company’s products and services.
Step One – Select a Template
Choose a template that fits the business. A price list for a massage studio may have a tranquil and simple design. In contrast, a price list for a children’s arcade center may incorporate images and colorful graphics.
Step Two – Determine Prices and Formatting
Before committing to specific prices for each product or service, check competitor rates and determine the business’ current expenses. Consider what markup, if any, is necessary to make profits.
Next, organize the price list so that customers can quickly and effectively read it. Businesses can arrange their price list by the product sold, such as a restaurant menu. Like nail salons and other beauty services, others may organize the information by price (i.e., lowest-priced services appear first).
Step Three – Proofread
Confirm all prices listed are accurate, and the list is free of misspellings, mistakes, or inconsistencies. Having another person review the price list can help ensure it is error-free.
Step Four – Print or Upload
Print the price list and post it in a place where clients or customers can easily read it. The price list may be a large sign hanging on a wall, put into brochures on a countertop, or handed directly to customers.
If a company has an online presence, upload a digital version of the price list to the business’ website and social media.
How Often Should You Update a Price List?It depends. On average, businesses update their price list every six to nine months to provide competitive yet fair pricing to customers. However, companies can change their rates as often as every three months or as seldom as once per year. Pricing depends on the item, its cost to make, and the demand. Each market has a unique system for pricing depending on the product. For this reason, each industry also bases its pricing on the marketplace, competition, and market condition. An example of this system is the housing market versus the food industry. Realtors have to change their prices more frequently than restaurants because housing prices fluctuate more rapidly than food costs. |
Photography Price List Templates
Types of Price List Templates
Each company or business has a price list template that works best for their individual needs. The following list has examples of various types.
Cleaning
Car detailers, commercial cleaning services, office and house cleaners, and general ‘handyman’ businesses use price lists to capture their services at-a-glance. This price list type often structures the prices based on packages or tiers. For example, a car washing service may offer three levels of pricing: Level One for basic wash, Level Two for basic wash plus interior vacuuming, and Level Three for all of the previous with additional deep clean and detailing.
Grooming and Self-Care
Price lists for nail salons, hair and esthetician services, spas, and makeup artists enable clients to quickly choose which service they want. Often organized by type of service, these price lists concisely communicate the costs for each service.
Pets
Businesses offering dog grooming, pet sitting, doggy daycare, or other pet services use price lists to attract customers and convey their prices. These lists often organize prices based on time (i.e., 30-minute grooming sessions or half-day doggy daycare).
Children
Daycares, birthday party venues, fun centers, and other businesses for kids create price lists centered on packages and deals. Parents often want to maximize value and minimize cost; a price list showing this will likely help gain customers.
Supplies
A wholesale or supplier price list may include additional information because these price lists are more detailed than others. For example, volume-based discounts, minimum order requirements, and other tiered pricing help retailers choose the products the supplier offers.
Restaurants and Food
A price list for food and beverage businesses helps customers make informed decisions. Certain companies format their price list by a la carte items, meal courses, or prices. They can be printed out and placed on counters or tables. Others may make large signage or use the digital version on websites for online ordering and marketing promotions.
Events
Businesses that host events, such as weddings, company parties, funerals, conferences, trade shows, or fundraisers, use a price list to showcase the variety of options, vendors, and packages. For example, a wedding price list may offer add-ons, such as bridal suite photography or professional transportation.
Products
Businesses offering products, such as professional portraits, graphic design, or decorated cakes, often detail their prices based on quantity. They may also incorporate flat rates into their prices or include fees based on time (such as hours spent photographing and editing).
Graphic Design Price List Templates
Benefits of a Price List Template
Regardless of the business type, there are several benefits to using a price list template.
Informative
A price list informs prospective and returning customers about current prices. When formatted in a template, customers can quickly scan it. It also allows clients to know about costs ahead of time.
Influences
A well-designed template persuades clients and customers to purchase a product or use a service. For example, a price list with an appealing design and competitive prices attracts new business.
Make Observations
A price list also helps the business quickly identify its current prices against competitors’ prices. Having a template ready-made means adjustments and edits are quick and easy to do.
How to Calculate Prices for ListUse the following equations to determine the amounts to include in your price list. Selling Price = Cost ÷ Profit Margin. Average Selling Price = Total Revenue Earned (By Product) ÷ Number of Products Sold. Selling Price by Unit = Total Cost ÷ Total Number of Units Purchased ÷ Profit Margin. |
Price List Templates: Word
Key Takeaways
Businesses of all kinds – from sole proprietor video editors to a busy food truck – benefit from using a price list template. A sleek, aesthetic design for listing products and services is appealing and informative, which earns business and, in turn, profits.
Price List Templates: Excel
