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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

Investment product protects your money from inflation

The rising prices of goods and services is something that every entrepreneur tries to deal with

The rising prices of goods and services is something that every entrepreneur tries to deal with. As inflation rate increases so does the real value of your money decrease. To cope with this, Insular Life recently launched its newest product that helps ...

August 26, 2011 01:00:00
Business Ideas

Protect your profits amidst price wars

How much discount can you give without hurting your profit margin? Retail stores owners explain their pricing strategy.

There is a great balancing act involved in making sure you post a profit margin for every sale, and at the same time, giving your customers the best value for their money through discounts. It's even more difficult to do these days ...

December 02, 2009 12:00:00
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