Do you want it easy for pricing?

Cost-plus pricing is the easiest way to set prices, but it’s not always the best.

With cost-plus pricing, you just calculate your costs and add a fixed percentage. It’s super simple and perfect for new businesses without much data.

You’ll love it because:

    - It’s straightforward. Know your costs, add a markup, and you’re done.

    - It’s great for new businesses without much market data.

    - It ensures you cover costs and get a minimum profit.

But, here’s the catch:

    - It doesn’t consider how much customers are willing to pay.

    - It ignores the competition.

    - Your prices might be too high or too low compared to the market.

    - You might miss out on charging more if you could.

So, while cost-plus pricing is super easy and a solid starting point, it’s not always the most effective long-term. As your business grows, you’ll want to evolve your pricing to consider your customers and the market.

For a quick and simple approach, cost-plus is hard to beat. But remember, it’s just the start.

Let us help. Call us now at +60378901079 or visit us at roar-point.com