Make More Profits From a Static Product Line
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Say you currently offer products at a cost of goods of 45 percent. You sell one item for $100 retail. And you offer a price break, charging $95 if customers buy two to 11 products, and a final price break of $90 each for 12 or more.
Revisit those ranges to try to increase purchases and overall gross margin dollars. Thus, you may find it's best to charge $100 for one to three, $97 for four to six, $95 for seven to 11 and $90 for 12 or more.
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- People:
- Gina Valentino
- J. Schmid
- Places:
- Mission, Kan.
- Shawnee
Gina Valentino
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