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Startup Tips

How much should I pay retailers for selling my product?

How much of your profits should go to your distributor?

Q: How much should I pay retailers for selling my product? I want to start selling my handmade jewelry in boutiques, but I do not know how much of the profits should go to the owner of the shop. A:Before distributing your ...

by Henry C. Ong  | January 17, 2013 02:00:00
Business Ideas

How do I find the right price my product?

Learn the secrets to finding the profitable price for your product.

When selling a product, food and otherwise, you have to ensure sufficient earnings to cover your costs. Any income made beyond the production cost is considered profit. Before pricing your product, however, you must know certain basic terms:Fixed costs (FC). Expenses that ...

by Rocel Ann G. Junio  | March 05, 2012 01:00:00
Startup Tips

Are you pricing your products right?

Factors you should consider

Pricing is one of the most important factors you must consider in whatever business you plan to put up.  The idea is not to price your product or service too high or too low. If your price is too high, not too ...

by Entrepreneur Staff  | October 26, 2011 02:00:00
Business Ideas

3 ways to persuade a buyer that the price is right

How to deal with price objections

You know your products are priced right. But what should you or your sales representatives do if the customer disagrees?Your sales reps may run up against price objections – and it’s especially difficult to compete against larger companies selling similar products or ...

by Entrepreneur Staff  | September 13, 2011 06:00:00