Pricing Part 2. How to Price like Retailers for Maximum Profit!
If you sell multiple products or services, you are making high profits on some items and lower profits on other items. How do you keep the highest possible "bottom line"? Prevent underpricing and lost profits by correctly calculating profit margins. You would be amazed how many business owners get this wrong.
The Contribution Margin is your friend. Learn what it is and how to use it...right here. A neighborhood convenience store becomes your classroom. James Chittenden shows you how it's done.
Pricing Part 1: • Pricing Part 1. How to Set and Meet R...
Pricing Part 3: • Pricing Part 3. How to Set a Profit M...
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Acknowledgements: Bill McKown, Quinn Chittenden
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