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.
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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

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
Osaro Kennedy
Business Coach

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