What Is Cost Plus Pricing? How Do You Use It In Sales?
Salesforce
FEBRUARY 7, 2024
When setting your markup, you should consider how much profit you need to buy additional raw materials for production, what your revenue targets are, and what your competitors are charging for similar products. If your selling price is too high, you could scare off customers. 50 x (1 + 0.40) = $70. There are some pitfalls.
Let's personalize your content