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Pricing Structure - Help!


dkent

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I am unsure what prices to charge clients, can people help me with this please? Basically I have setup billing in both USD and GBP currencies, but unsure what prices to charge US residents if something I am charging for is priced such as £10 (10GBP).

 

Do businesses change their pricing according to whatever the exchange rate? I find it confusing. I have been told to charge $50 if something I charge in GBP which is £25 - always halving the price, but right now if I charge US residents $50 for a service I charge my UK clients £25 for, it will mean that US people will be paying £33 according to the exchange rates.

 

Soooo confusing!

 

Please let me know what you people do with regards to pricing in multiple currencies. Thanks guys.

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