Services and Pricing: Great Canadian Oil Change Company in North Vancouver

Great Canadian Oil Change is proud to boast more than 100 locations nationwide and growing. We are even prouder to be the local service centre in your neighbourhood and part of the community. No matter what you and your vehicle need, we will take a look at it. Come and see us for fast and friendly service—most of which can be performed without leaving your car!

 

Consider a fuel filter replacement to rid of hesitation and sluggish response. At Great Canadian Oil Change North Vancouver Coquitlam, a fuel injection service includes cleaning the fuel injectors, air intake, and emission systems. Drive into Great Canadian Oil Change North Vancouver for a fast, no appointment necessary oil change, including our 21-point inspection.

 

Why is pricing services so hard?

 

Many service-based businesses struggle to come up with a fair and profitable pricing strategy. Unlike product pricing, you can’t exactly quantify all the costs that go into providing a service.

 

The expenses that go into providing a service are more subjective than the expenses that go into making a product. How much you charge customers doesn’t always directly correlate with the amount you pay to perform services.

If you own a retail store, you buy goods at a certain price. To earn a profit, you need to sell the goods for more than what you paid. You determine how to price a product according to its cost.

 

How to price services: Your 6-step guide

 

Because there is not a set-in-stone method for pricing services, you have some flexibility. Use the following six steps to learn how to price a service:

 

• Calculate your costs
• Look at the market
• Know your customers
• Consider time invested
• Come up with a fair profit margin

Charge an hourly or per-project rate