Pricing & Profit Margins
£15.00
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.
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 you 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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