Pricing & Profit Margins
Description
Work out what it costs to get your product to a customer. Use those costs to compare prices, understand margins and check how discounts or sales channel fees affect what remains from a sale.
About Course
Work out what it costs to get your product to a customer. Use those costs to compare prices, understand margins and check how discounts or sales channel fees affect what remains from a sale.
What I will learn?
- Identify production, packaging and selling costs
- Calculate a basic gross margin and distinguish it from markup
- Check the effect of discounts and channel fees on pricing
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£15.00
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LevelBeginner
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CertificateCertificate of completion
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Requirements
- A product idea or a type of buyer you would like to serve
- A notebook or document for research and cost estimates; no previous business experience is required
A course by
Osaro Kennedy
Business Coach
