How To Price Your Products | Retail and Wholesale Business: Selling Price Tips and Tricks

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How To Price Your Products | Retail and Wholesale Business: Selling Price Tips and Tricks
In this video i am showing how to price your product how wholesale and retail business, I also show you how you can find out the cost price of your item or product. Pricing is really important in business and finance. Selling Price is really crucial in profitable business.
#sellungprice#retailprice#finance
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[@niameanspurpose]

excellent video! i have an mba in finance and your explanations are simple and clear! thank u for sharing!

[@siddharthyadav9958]

Calculator as channel profile, quite cool 🎉😊

[@anchaltiwari7706]

Very easy to understand , thank you so much sir

[@zubairkalim2658]

can i ask

[@shukranh5482]

Thanks so much, easy to understand

[@thesailingsong3208]

Thank you very much for your course. Precious.

[@CynergyDiva]

How did you decide markup = 2?

[@niameanspurpose]

you can decide markup or the smart way is to research your industrys ratios to see what similar businessses markup is..take an average and play around a bit with it in ya forecasting..buuuut seee most small business owners have no clue what im talking about since they wear the sales hat..not the financial hat and uncle joe does the books but does not understand the metrics beyond the numbers...

[@theechristianplug]

I will you how this is confusing so perhaps we can get some answers.
How are you working out the labour per item when you pay your labour per month?

[@andreavillaraza2705]

thank you this is really helpful❤

[@abayal2906]

But sir plz plz made a video for transport buisness what should I calculate as in this video u tell us about 3 expenses

[@frikkiesmit327]

If im not mistaken the overheads is all the other expences a company has. For example you manufacture metal product. Your material is your steel or aluminuim etc. Labour is what he said in video. And overhead will be like how much electricity your machine uses and the oil and water that is used with machine and so on. Thats what i was kinda told about overhead. Its the other costs the company has to make up for. Basicly the other expences the bills and so on. Like you maybe renting a building for business, but you must also pay the water and electric bills. Your business at end of day must provide the profit in such a way that you can buy new material, pay the labourer , and also pay the overheads.

[@Youtubeconfesions]

What is markup price, what is it's pricing factor.

[@AyushGarg-vl6tj]

On the company basics provide good quality and package and taxes how can we prefer a medium rate

[@corneliusmotsisi4750]

Thank you

[@mykellarrin9569]

Thanks a ton! Very helpful.

[@thewordmusic4002]

thank you sir such a big help!

[@HL-iu8mq]

Is the labour per hour? or is it labour cost to make 1 unit?

[@nanaprodigy4742]

Labour cost to make one unit i think

[@mahmoodkhanmandokhail]

Sir i have a wholesale footwear business ,how I know to put a percentage on profit? Kindly reply me sir 🙏

[@kishanarts]

Profit÷total revenue x 100 =

[@abayal2906]

Loved that's what I m searching for😍

[@DeekshaPatil-d8z]

Is this cost same as COGS?

[@asarafbirla3720]

How to decide a mark up is 2 ???
Reply please

[@Priyanshusharma02]

Oh, he will "not" for sure 😊. Coz He don't know as well

[@Red9Print]

VERY NICE,

[@ajithchitty606]

How do you fix labour 8?

[@abdulraashidshaikh3438]

That's an example

[@snurturetrading6]

وايد مفيد

[@mohammedjawed9484]

Thanks sir

[@abdulraashidshaikh3438]

Some mistake are there on what basis you markup 2 you should calculate in percentage

[@user-yq7yv2ce9c]

Thnk u

[@Abdullah-1979]

Are you crazy? Manufacturer make product on cost 85 rupees and sell on 95 rupees not 85*2=170 rupees

[@DhanuShreshtha]

Thats called wholeseller 😂 he is explaining business owner bro

[@niameanspurpose]

its just an example..the numbers are made up to illustrate the calculation..relax and try to apply what your learning in ya biz

[@Ravsa_beda_mokala]

Brother if a bulb costing is 36Rs how much should I add

[@kenilsejani3043]

It should be the same as the wholesale price of your competitor's product. Doesn't matter how much it is costing you. You have to find a way to reduce the cost.

[@mahmoodalthaf3369]

@@kenilsejani3043 I want to start a wholesale business but i can't figure out what's the cost of competitor

[@RathnakumarKrishnan]

Very usefull your videos

[@samtube12]

thanks for your time

[@shaqliesdek-en3oz]

Simple and straight to the point. I like it💯

[@Red9Print]

CAN U PLEASE ALSO EXPAIN PRICE SET UP IN PERCENTGE SO THAT ONE CAN OFFER DIFFERENT DISCOUNT OFFER TO CUSTOMER LIKE 40% 30% 10%

[@nidaassociates7441]

what is taxable value in this

[@shahzaibawan1970]

Mera aik sawal he aj hi behas hui dukan wale se
Agr Kisi item ki price increase hojae aur dukan wale ke pas purani pri ho aur uspe price tag bhi Purana ho Kya wo use new rate pe bech skta he?
Like uper 170 likhe hen aur wo 190 ki bech de new price pe?

[@abdulraashidshaikh3438]

Nahi bech sakte kyun k uspe mrp mention hai agar bechega to fasega

[@keenanmarak3660]

Yes what about the tax. You havent mentionef about the tax please explain 🙏🏻

[@mdrmint]

Overhead = tax fees

[@abayal2906]

I have subscribe your channel and wating fort the video related to the transport buisness about autos or vagun as described in this video

[@mariemosier9805]

Thank you, this has helped so much

[@pradap2298]

Could you explain gamer console price I can't bear it cost way more than usa

[@annalamuniharish7669]

Thank you for information useful video 👍

[@tapanmondal2609]

What is the markup??

[@harshitrawat9603]

Mark up refers to the value that a player adds to the cost price of a product

[@prday6227]

The difference between cost price and selling price.....

[@subha__2003]

Markup means profit

[@mahmoodkhanmandokhail]

Hello 👋 Mahmood khan here, dear i want to ask I have footwear wholesale so which profit percentage I will add?

[@r.nandakishore4159]

Super sir

[@cookieeshookiee6450]

Markup means??

[@mathapelomotuku5572]

I respect you. you make it so easy for me to understand. iyoooo. Thank you

[@Abdullah-1979]

He is a crazy it is wrong way to decide wholesale price

[@teadoctor260]

Nice

[@DiscountBikeparts]

how can you earn 100% on wholesale and 200% on retail

[@Priyanshusharma02]

Correct, I'm saying this too.

[@ayazkilife9934]

what is markup?

[@ReportOK]

Best

[@RAHUL-ly5bn]

Can a non manufacturer use mrp on his brand when he is not the manufacturer and taking manufacturered goods from third party

[@abdulraashidshaikh3438]

Yes but you should be a repacker with all legal documentation

[@harish4134]

Pls tell me markup price

[@superpokymon1]

Profit margin! It could be 2, 2.5, 3 as per company objective to achieve profit

[@sofiajovelino883]

What is a mark up???

[@akvaigammer3640]

Wow

[@ftm_selfreminders0219]

Huhuhu thank you so much

[@yoghi5290]

❤️❤️

[@tanvitasri_2017]

Why 2 mark up sir

[@muntimaduguvali9836]

What is markup

[@fallen_angel1464]

How to calculate markup price

[@mradulbhardwaj4134]

Jitna Paisa chaia

[@huskyroot2734]

Why 2x?

[@imranabbas9809]

Material 10 rupee
Rate 80 rupee 😀

[@buttercups-st2zr]

No one puts that much margin
Material where you will het at 10rs no where you can get if you get material at 10rs then how about making and labour and transport and maintaining charges!?? You have to consider all that

[@AbhishekGupta-sq2zw]

Bhai konsa business h ×2 ka profit ho ra h 😅

[@GreenBirdsPK]

What is over head?

[@SEYFULLAHKILINC]

73

[@solb101]

This is for 50% profit margin.

[@brigzedits4286]

Tout voice so low canot understand

[@bibeksitaula2739]

Mark up is too high

[@zenithnc1]

What is going on here?

[@johnvr7646]

So I mean every product is make double price and than in 1 months close the business 😂

[@niameanspurpose]

no. your price has to cover everything. this formula helps you figure out really what you really need to charge. most businesses price their products too low and they run out of cash! 😮 Think of a job. if you dont make enough you cant cover all ya bills. you lose ya job you lose your cash flow! so be brave and think.. can i cover my biz and household running this business at a respectable profit margin over a period of time??! if not just keep ya job and pray you wont get fired!😂

[@CharithHewawasam]

What the hack is this???

[@hameantkumar3477]

Hindi me bhai

[@fruitnt2578]

Totally wrong calculation 😔

[@sumitshelar6868]

How? Can yoh explain?

[@user-qp3pb7zq6j]

Very bakwas calculation
Who can perchase a 10 rupee product value in 80 rupees

[@Sumit_II]

Tor English gar Mari hindi ba bangla te bol

[@Rohan2B]

Useless vedio 😂 😂

[@claudiacupe6063]

thank you

[@mcwholesalecompany]

What is markup?

[@Twon-trackers]

Markup means?

[@zanty9]

What is mark up