Evaluate production and operating costs

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When determining the price, you need to consider the costs involved, whether fixed or variable, so that you achieve the desired profit margin.

Make a list of costs for raw materials, software, sales and shipping structure, employees, marketing, etc. In other words, accurately calculate the costs involved in the production, distribution and marketing of the product or service.

Study the pricing strategy adopted by the competition
Analyzing how competitors price similar products can provide romania mobile database insights into your company’s position in the market and identify opportunities for differentiation. So, study your competition carefully and find out how you can stand out in the market.

Evaluate the value chain of your product or service
Evaluating all stages of the value chain of your product or service is essential. This includes everything from creation to after-sales, including aspects such as production, distribution and delivery. It is important to think proactively to boost profits, customer satisfaction, competitiveness and value perception.

An online sales platform, such as Guru , contributes to a more efficient and competitive value chain by providing solutions for the management, advertising and sales process in a single place. Guru provides a checkout with high conversion rates, integration of CRM and Marketing tools, invoicing, digital contracts, generation of shipping labels, freight quotes, sales recovery and much more.