The percentage of your mark-up from the cost of your product is not your profit margin. Some of you may know that. But you will be surprised at how many so-called marketers out there do not understand this simple concept.
Most marketers
tend to leave this to the finance or accounting department; when pricing is the
sole determinant in the marketing mix that truly delivers profit to the
business.
Just for good
measure, here are some profit margin formulas you may want to get intimate with.
Take back the
one responsibility that can seal your ultimate value as a marketer to the
company.
What value do
you deliver?
Let us help. Call us now at +60378901079 or visit us at roar-point.com
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