How AI Can Help You Decide What to Charge

If you charge too much, no one buys. Too little and you don't make profit. AI can help you think about a fair price.

Some examples

• 'My cookie costs 50 cents to make. What should I charge?'
• 'How much do other kids charge for dog walking?'
• 'Should I charge more if I deliver?'
• 'What price feels fair for handmade bookmarks?'

Try it!

Pick something you could sell. Ask AI to help you think about pricing. Then ask 3 real people what they'd pay.

The three questions behind every price

Pricing feels scary, but there are really just three questions you need to answer. First: what does it cost you to make one item? That's your floor — you cannot charge less than this and make any profit. Second: what would a customer think is too much? That's your ceiling — charge more than this and nobody buys. Third: what are similar things selling for? If every kid at the market charges $1 for a cookie, charging $5 is a tough sell unless yours is truly special. AI is great at helping you think through all three questions. You can describe your product, your costs, and your customers, and AI will suggest a price range and explain its reasoning. One thing AI cannot do: know your specific neighborhood or your specific customers. You still need to ask a few real people what they'd pay. Their answers will tell you more than any formula.

• Your cost floor: never price below what it costs you to make the item
• Customer ceiling: the maximum people will pay before saying 'no thanks'
• Market comparison: what are similar products selling for nearby?
• Perceived value: people often pay more for things that look nicer or come with extras
• Test it: ask 3 real people what they'd pay before you decide