Search results “Product costing and pricing strategies”
Pricing Strategies - How to price a product
http://www.evancarmichael.com/support/ - SUPPORT ME :) Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! Help me caption & translate this video! http://www.amara.org/en/profiles/videos/Evan%20Carmichael/ Eduardo Orellana: "Hi +Evan Carmichael I have a question for you, what happens if you've found a product or service that people need and it is extremelly valuable but are having a hard time deciding how much to charge people for it? "
Views: 83392 Evan Carmichael
Food Product Cost & Pricing Tutorial
Step-by-step directions on how to use the Small Food Business Food Product Cost & Pricing Spreadsheet tool to determine accurate product costs and create a profitable multi-channel pricing strategy.
Views: 201984 Small Food Business
Costing Lecture on Pricing Decision by CA Avni Kabra
CA Final Advanced Management Accounting Lecture by CA Avni Kabra Like us on Facebook on : https://www.facebook.com/TayalInstitutePvtLtd Subcribe us for more videos relating to CA FINAL : https://www.youtube.com/channel/UCs8J0m4_FYpJ5VO4c55gWmg : https://www.youtube.com/user/TayalInstitutepvtltd For more information please call or whats app us on : 09773824714 Write us email on : [email protected] For Online lectures Log on to : www.tayalsirvod.com
Views: 27606 CACSCMA Elearning
Costing a Product or Service
What can be so hard about pricing a product? Don’t you just figure out what your costs are and then add some sort of markup for profit? Unfortunately, it is not that easy. If your price is too high, regardless of your cost, someone in the market will under price you, assuming that the quality of product or service is similar. In many cases, you will be a price taker and you will have to manage your costs so that you can earn a profit given a certain price is determined by the market. In most instances, you don’t price your product to cover your costs. Instead you determine, if given a certain market price, you cost structure is such that you can earn a profit. The biggest mistake small business owners make in product pricing is not considering and covering all of their costs when entering a market. It is true that when you are initially trying to penetrate a market you may be willing to lose a little money to gain market share. But that strategy is not sustainable over time. Over the long term, you must cover all you cost.
Views: 1108 Chee-Onn Leong
Setting prices for services and products | Small business | lynda.com
You've just opened a business. What should you charge for your products or services? The four tips you'll learn in this video will help you get started. Watch the follow-up movies at http://www.lynda.com/Business-Business-Skills-tutorials/Small-Business-Secrets/156584-2.html?utm_campaign=jY_0vZ1kv48&utm_medium=social&utm_source=youtube-earned. This specific tutorial is from the Small Business Secrets series presented by lynda.com author Dave Crenshaw. This series covers small business topics such as getting started, writing a business plan, determining your most valuable product or service, hiring people, managing processes, documenting systems, bootstrapping, seeking funding, accounting, controlling costs and profit margins, marketing, creating culture, and more.
Views: 18489 LinkedIn Learning
Manufacturer Price Sheet: Material, Labor, Overhead & Profit
The following video breaks down how a manufacturer should come up with a price for industrial finished goods. First, the company must account for its material costs and apply a 5 percent indirect cost to that portion of the manufacturer's price sheet. This 5 percent is meant to offset overruns in production and or additional costs of financing inventory and material purchases. Second, the company must account for its labor relative to each operation performed to turn a raw material into a finished good. The calculation involves defining the operation and applying the labor cost to both the setup time in manufacturing and the actual run time. Third, all labor costs are added in order to come up with a complete total for all the costs of manufacturing a given product. Those costs are then followed up by the company's overhead, which is calculated by taking its indirect expenses divided by its direct expenses. Indirect expenses are those expenses that are in addition to the the costs needed to produce a part. Direct expenses are exactly that. These include the costs involved or expenses involved in manufacturing the part. Finally, the company adds its mark-up in order to secure a profit on the sale. Profit is critical because it helps to fund the company's pursuit of new product introductions and secure its long-term future. Here is a sample of the Manufacturer Price Sheet in Excel Format http://www.driveyoursuccess.com Video explains how to price a product with direct material, labor, overhead and profit
Views: 28560 Ian Johnson
Product Pricing for Profit: A How-To
The old rules of pricing no longer apply... so how do you know your pricing your products for optimum profits? Watch to hear our founder, Syama Meagher, share the details. Want to learn more about pricing for success? Download your free copy of "How to Price Your Product": http://scalingretail.com/launch/video-product-pricing-for-profit-a-how-to/ Recommended Reading: “Transitioning Your Fashion Business from E-Commerce to Wholesale” http://blog.scalingretail.com/transitioning-fashion-business-e-commerce-wholesale/ “5 Ways to Make Your Brand Attractive to Wholesale Buyers” http://blog.scalingretail.com/5-ways-make-brand-attractive-wholesale-buyers/ Follow us on: Instagram: https://instagram.com/scalingretail Twitter: https://twitter.com/scalingretail Facebook: https://www.facebook.com/scalingretail LinkedIn: https://www.linkedin.com/company/nyc-retail-consultant
Views: 532 Scaling Retail
How to Sell Value vs. Price
People don't buy products, they buy the result that the product will give them. In today's video, I'll teach you what I've taught to more than 2 million salespeople in over 75 countries: how to sell the VALUE and BENEFIT of your product, rather than the price. Learn how to close more deals by applying the right closing technique with my FREE 23 Closing Techniques Battle card, download it here: http://bit.ly/1TWrOxE "The more you focus on the value of your product or service, the less important price becomes." @BrianTracy (Tweet this: http://bit.ly/1TGEqt6) ___________________ Learn more: Subscribe to my channel for free offers, tips and more! YouTube: http://ow.ly/ScHSb Facebook: http://www.facebook.com/BrianTracyPage Twitter: http://www.twitter.com/BrianTracy Google+: +BrianTracyOfficialPage Pinterest: http://www.pinterest.com/BrianTracy Instagram: @TheBrianTracy Blog: http://ow.ly/TXzAT
Views: 128742 Brian Tracy
Business Training Video on Price and Product Strategy (Hindi) by DR. Vivek Bindra
In this Video Dr. Vivek Bindra explains in very simple terms, the 4 quadrants of Business practice. This video beautifully explains the following quadrants for start ups, small entrepreneurs, small business etc as follows 1. Value for Money | 2. Opportunistic | 3. Premium | 4. Chinese Market. Through these quadrants Dr. Bindra asks young entrepreneurs to identify their business propositions and determining on which proposition would they like to position their business. This is a very enabling video that seeks to empower the business class society of India today and handhold them to success. If you want to avail the full benefits of this business concept, then do not forget to attend the 6 months long term Leadership Funnel Program To Attend a 4 hour Power Packed “Extreme Motivation & Peak Performance” Seminar of BOUNCE BACK SERIES, Call at +919310144443 or Visit https://bouncebackseries.com/ To attend upcoming LEADERSHIP FUNNEL PROGRAM, Call at +919810544443 or Visit https://vivekbindra.com/upcoming-programs/leadership-funnel-by-vivek-bindra.php Watch the Leadership funnel Program Testimonial Video, here at https://youtu.be/xNUysc5b0uI Follow our Official Facebook Page at https://facebook.com/DailyMotivationByVivekBindra/ and get updates of recent happenings, events, seminars, blog articles and daily motivation.
Target Costing and Cost-Plus Pricing
This video discusses target costing and cost-plus pricing.
Views: 19049 mattfisher64
3 Pricing Strategies Everyone Should Know
Visit www.ground-glass.com for more information. Ground Glass is the wedding photography resource for breaking through barriers and finding real-world business information.
Views: 80520 Spencer Lum
How to Calculate Product Selling Price for Online Business | Ecommerce Product Costing Ideas
Product Selling Price in ecommerce plays a very crucial role in online business in terms of generating profit & minimizes loss. In this video,We have elaborated all the expenses, ecommerce seller needs to add to their Product Selling Price. E Commerce is an emerging industry in India and there are lot of New sellers like to build their online business in various marketplaces like Flipkart, Amazon, Snapdeal, Paytm, Shopclues, Ebay and so on. But maximum sellers do not know the basics of online selling like costing a product and make correct selling price to generate good margin of profit and reduce losses. Earn from Home Zero Investment Business App: https://youtu.be/yepsv4omaME 👉Download Meesho App: https://meesho.com/invite/ZAAYEGA992 Seller Price Calculator Sheet Download link- https://goo.gl/HWjSVw Free Product Research Tool - http://bit.ly/JungleScout-SaleEstimator This video will surely help you to create Correct Product Selling Cost before start online selling. There are number of basic components needs to be considered to make correct selling Price such as Inward Shipping Cost,Outward Shipping Cost, Tax,Variable cost like Packing,Printing,Fixed Cost like Storage Fees,Wedges, Marketplace Selling Fees,Marketplace service taxes,Profit Margin & Tax Rate on your final selling Price. In fact most of the online sellers do not count Miscellaneous expenses which needs to be added on Product Selling Price apart from Marketplace Fees & Profit Margin, Thus at the time of accounting Seller faces tremendous loss. Hopefully through this video you will be able to understand What are the cost should be covered in Product Selling Price, what are the precautions a seller needs to be taken before starting online business. CHECK NECESSARY ITEMS TO START ECOMMERCE BUSINESS affiliate links given below. Inkjet multifunction Color Epson Inktank refill printer - http://amzn.to/2t1UUa1 HP InkJet All-in-One Printer- http://amzn.to/2tYCub6 Laser Black only HP Printer - http://amzn.to/2uq5dI9 HP G5 Notebook for startup- http://amzn.to/2vqrK59 Printing paper- http://amzn.to/2ttKQWJ MRP Labeller Gun http://amzn.to/2tfNDrb Amazon Branded packing material- http://amzn.to/2tXZAPo Non branded White packing bags - http://amzn.to/2nn7D49 Non branded packing Corrugated Box - http://amzn.to/2nz0K0q Bubble wrap - http://amzn.to/2ol3Wwz Tape dispenser - http://amzn.to/2nmWG2B Cutter Blade - http://amzn.to/2nncjH4 If you have any query, doubt or question about ecommerce selling write us in comment box. If you found this video informative Please like and share it. If we have added value to you by this video, Please do not forget to subscribe our channel Get More Update & E commerce guidance: https://goo.gl/THfEAc We provide Ecommerce suggestion, guidance, Tips & Tricks, Tutorials, Ecommerce News updates and all about ecommerce selling.
Views: 120303 ZaaYega Seller Gyan
Is Your Product Too Expensive?  How to calculate price and cost.
How to price your products to maximize demand and profit and create a strong business strategy using the Predictive Innovation Method with Flying Cars as an example. http://www.PredictiveInnovation.com/ Addresses the common economic error of the zero sum game. This is holistic approach to deal with subjective and conditional nature of price. By focusing on the value of using the product you can calculate the price customers are willing to pay, both in money and other factors.
Views: 45093 Mark Proffitt
B2B Purchasing Negotiation Five Strategies to Reduce Vendor Prices
The following video outlines five purchasing and procurement strategies all geared towards lowering vendor prices and or reducing supply chain and inventory management costs. These strategies are put forth from someone who has worked in sales and marketing for 20 years and wanted to combine the best strategies employed by the best purchasing negotiation teams. In essence, these strategies come from those purchasing and procurement agents I have negotiated with. They include the most successful strategies employed against me. The first includes not tipping your hand and or broadcasting your needs too soon in the negotiation process with a salesperson. Instead, nail down your price and then use your requests, needs and or concession to reduce pricing. For instance, agree upon a final price and then ask for a discount or reduced price for 1) prepaying total or a portion of your purchase, 2) prompt payment incentives like net-10 day terms 1 to 2 percent discount or 3) increasing volumes or committing to long-term supply contracts or orders. The second tip includes avoiding using veiled threats - which are simply threats you have no intention of following through on. When you threaten vendors too much without ever following through on a threat, then you are simply training them not to take your threats seriously. Third, match a high-value concession for a high-value concession. In this case, come up with a list of requests and or "must-haves" as outcomes from the price negotiation. When the salesperson makes a request, make sure you counter with one of your own of equal value. Fourth, when it comes to getting price reductions from a salesperson, you have to sometimes appeal to their better nature. In this case, add a little personal touch to your negotiations. Ask for a price reduction by outlining the pressures and demands that are placed upon you as a purchasing agent. In this case, you have to attain a certain inventory cost structure so ask your salesperson to help you attain that. Finally, keep your vendor honest by constantly going out for competitive bids. Even the best of vendors can become complacent. However, if they know you know as much about pricing in the market as they do, then those vendors will be less likely to take advantage of you.
Views: 93573 Ian Johnson
How to Price a Product - Cost Accounting
http://greatbusinesscontent.com Learn how to price your product using the cost accounting method. Using this method allows for you to earn a wage plus a profit. Use it when starting your own small business. When starting your own small business one of the most difficult tasks is deciding how to price your product or service. Many small business owners struggle over this, price it too high and people don't buy, price it too low and you may not break-even. In this segment I help Henry answer his question: "I'm starting a T-shirt shop and need to know how to price my product so that I can later afford to hire an employee". To research this answer I spoke with Keith Mattson, a CPA, about Henry's problem. The answer Keith gave is one that every small business owner can use in their small business. It all starts with understanding "cost accounting" methods. Being willing to understand expenses and profit is the difference between supporting you and your family or just hanging on and feeding your business every month! For more information on starting or running a small business please stop by GreatBusinessContent.com
Views: 3601 Steve Freeman
Revenue, Profits, and Price: Crash Course Economics #24
How do companies make money? What are profits? Revenues? How are prices set? This week, Jacob and Adriene are talking business. Whether you're selling cars, pizza, or glow sticks, this video has pretty much all the information you need to run a business. Well, not really, but there's a lot of good stuff in here. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 397903 CrashCourse
A level Business Revision - Pricing Strategies
In this A level Business Studies revision video, we teach you the most common PRICING STRATEGIES used by organisations and assess the merits of each one. Pricing strategies is a topic on all of the major exam boards A level business specifications. A level Business Studies Revision from TakingTheBiz.
Views: 16129 TakingTheBiz
Views: 58 video iimts
Product Pricing Strategy
Noah Redler explains the concept of pricing strategy. The price will depend on the type of consumer you are targeting as well as product brand and other factors.
Views: 10691 venturecaptv
Don't Make This Pricing Mistake: How to Price Your Products & Services
This is the dumb pricing mistake entrepreneurs make. Now I'll show you how to fix it. SUBSCRIBE FOR MORE ► http://bit.ly/WqPFyy There's a dumb pricing mistake people make when they price their products and services... ...and it leaves a TREMENDOUS amount of money on the table. (The weird part? This applies to all types of products. Maybe you're selling a piece of furniture... or you'er selling multiple crafts at a craft show... or maybe you're a freelance photographer or web designer...) What is the mistake? Watch this video and I'll explain everything. The best part? Once you know the mistake, it's easy to fix it. Don't take my word on it. Watch the video. See for yourself. This takes advantage of proven psychological pricing strategies. It works for physical products - like crafts, handmade furniture - and for freelance services - like photography, web design, consulting. Oh, and if you liked this video, HIT SUBSCRIBE! http://bit.ly/WqPFyy
Views: 167778 Derek Halpern
Costing and Pricing 1
Advice from Business Advisor - Costing and Pricing 1
Views: 3279 southernsuccessbec
Online Pricing Strategy; Separate the Product and Delivery Costs
A Useful Online Pricing Strategy is to Separate the Product and Delivery Costs says Stefan Drew of http://www.StefanDrew.com By doing this you utilise the price anchoring effect of the lower product cost whilst the delivery or shipping cost effect is lessened.
Views: 33 Marketingmagician
How to calculate the Cost of product
Let's Make Your Business Digital With Lapaas. Join Our Most Advanced Digital Marketing Course. That will cover 23 Modules of Business And Digital Marketing like SEO, SEM, Email Marketing, Social Media Marketing, Affiliate Marketing , Digital Identity Creation, blogging, advanced analytics, blogging, video production, Photoshop, business Knowhow, etc To Know More Call +919540065704 or Visit https://lapaas.com/ Lapaas - Best Digital Marketing Institute 455 Shahbad Daulatpur, Delhi-110042 Nearest Metro Station Samaypur Badli Or Rithala How much a product cost for a manufacturer? What should be the MRP for the product? To answer these questions several factors need to be concerned. Total cost = Fixed cost + Variable cost So what comes under fixed cost? It involves wages of the employees, rent of the factory,interest expense,stc. Variable cost involves extra hourly wages of employees, operation cost,raw materials,packaging,etc. So the total cost can be calculated by adding fixed and variable cost. Watch this video to learn more. Share, Support, Subscribe!!! Youtube: https://www.youtube.com/IntellectualIndies Twitter: https://twitter.com/Intellectualins Facebook: https://www.facebook.com/IntellectualIndies Facebook Myself: https://www.facebook.com/princesahilkhanna Instagram: https://www.instagram.com/intellectualindies/ Website: sahilkhanna.in About : Intellectual Indies is a YouTube Channel, Intellectual Indies is all about improving Mentally, Emotionally, Psychologically, Spiritually & Physically.
Views: 26358 Intellectual Indies
Markup on Cost - www.atcmathprof.com
http://www.atcmathprof.com - Markup on Cost, markup on cost, selling price, turnover, valuation of inventory, formula for markup, percent to markup problems, markup on selling price, markup percent, average inventory, stock turnover, uniform product codes, FIFO, LIFO, absolute loss, break even point, gross loss, new profit, weighted average
Views: 70131 atcmathprof
Pricing Strategy -Strategies and Pricing Your Work for Services in the Product Manufacturing Process
This video is about pricing strategy for services in the product manufacturing process for laser cutting machines, involving strategies such as customer communication, pricing structure, and the inspection process. Factors such as assembly and tolerance are discussed, along with customers providing their own electronic files, such as Autocad 3D models in the dxf file format. ABOUT PRECISION CUT INDUSTRIES (PCI) Precision Cut Industries is a laser cutting, metal bending and welding manufacturing business based in Hanover, PA. Precision Cut Industries is a full service contract manufacturer, servicing the metal industry for over 15 years. Their diversification ranges from flat laser cut parts to fully assembled products. Focus industries include agricultural, automotive, construction, renewable energy and food and beverage. To find out more, please visit http://pcilasercut.com/ KEYWORDS Pricing Pricing strategies Pricing strategies in Marketing Pricing analyst Pricing your work Pricing model Pricing strategies economics Pricing strategies for services Pricing strategy and consumer perception Pricing structure Assembly Tolerance Tolerance analysis Machines Inspection process Engineering dxf files dxf file format Autocad dxf file 3D modeling 3D modeling autocad Electronic file Customer Communication Product manufacturing Product manufacturing process YouTube URL: http://youtu.be/OemV6dIkoUI
Episode 104: Pricing Objectives and Strategies
Go Premium for only $9.99 a year and access exclusive ad-free videos from Alanis Business Academy. Click here for a 14 day free trial: http://bit.ly/1Iervwb View additional videos from Alanis Business Academy and interact with us on our social media pages: YouTube Channel: http://bit.ly/1kkvZoO Website: http://bit.ly/1ccT2QA Facebook: http://on.fb.me/1cpuBhW Twitter: http://bit.ly/1bY2WFA Google+: http://bit.ly/1kX7s6P Listen to Alanis Business Academy on the go by downloading our new podcast: iTunes: http://bit.ly/1dwKyWi Stitcher: http://bit.ly/PvPjoa Tunein: http://bit.ly/1gLsDH4k Every business maintains a specific pricing objectives or goal that dictates the decisions that they make with regards to price-setting. Within each pricing objective, businesses have several strategies designed to assist them in achieving their objectives. In this video we'll discuss four of the common pricing objectives as well as highlight several strategies within those objectives. If you have any questions please post a comment in the comments back and I'll get back to you as soon as I can. Thanks for watching.
Cost, Price, and Product Profitability: Using @RISK to Enhance Strategic Decision-making
Analytical modeling, for whatever use it is put to, can either support or controvert “gut feel” management. Often enough, the results of a carefully modeled and analyzed problem can be surprising — and even counter-intuitive. And adding @RISK functionality to that model can give decision-makers an even better feel for how changes in the modeled variables could affect the strategic choices they make. This free live webcast builds on a relatively simple business case (Destin Brass Products Co., purchase if interested. The case material is NOT required to understand the webinar.) The company has three product lines, and they can’t understand why profits are decreasing even though all the products show strong margins. Using @RISK, we’ll look a better way to allocate overhead to the products, and see how the management’s decisions should be re-evaluated. Although this case is about a manufacturing company with “high-touch” manufactured products, it is a broadly applicable lesson in how and why to use non-deterministic decision modeling. -- Presenter: Steve Schultz Founder/CEO Moveable Feast Mobile Media, Inc. Steve Schultz is an independent management consultant who specializes in strategic business planning and product development, with a 20+ year background in data and media, spanning Fortune 500 to small startup. A former Product Manager (and current entrepreneur), Steve understands deeply the importance of fact-based metrics and decision modeling. Steve also founded and built Moveable Feast Mobile Media - a mobile-first platform for geographically immersive storytelling. Steve has an MBA from Northwestern University’s Kellogg School of Management, and a Bachelor of Science in Applied Mathematics from Tulane University.
Views: 1942 PalisadeCorp
Managerial Accounting-Target Costing and Pricing Strategies-Severson
See the below link for more resources, including as a list of all of my videos, practice exercises, Excel templates, and study notes. https://www.dropbox.com/s/09hdhag3zieyt08/Severson%20YouTube%20Videos.xlsx?dl=0 This video discusses the managerial accounting topic of target costing and pricing strategies. This deals with identifying the value added costs in a company, and determining which costs can be cut in order to arrive at a price that the market will bear. The pricing strategies discussed in this video include cost plus pricing and market based pricing.
Pricing Strategies - How do I charge my clients?
http://www.evancarmichael.com/support/ - SUPPORT ME :) Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! "Amal Nathan L Hi Evan, as a consultant How do I charge my clients? Hourly rate, per project or percentage of the total project cost. Thanks"
Views: 9748 Evan Carmichael
How To Price A Product - Pricing Strategies For Inventors
Setting the retail and reseller prices for your product is the most important part of being an inventor. Be sure to SUBSCRIBE: https://goo.gl/sYY9mu
Views: 129 Invention Therapy
How to Price for Profit: The Trick to Making Money on Wholesale Sales
Tara shares the formula for pricing products for profit at wholesale. http://cr8.lv/priceyourcraftyt In this clip from the CreativeLive class, Price Your Craft, Tara details the variables that go into setting a price so you make money on your wholesale craft sales. Get more tips on making money by making crafts on CreativeLive. http://cr8.lv/priceyourcraftyt CreativeLive unleashes your creative potential by connecting you directly with the world's most inspiring visionaries. Access courses on Photo & Video, Art & Design, Business & Life, Music & Audio, and Craft & Maker at http://www.creativelive.com
Views: 53572 CreativeLive
How To Do Costing Of A Product Before You Start Selling Online
E commerce business in India is flourishing like anything and along with it the competition is also worrying many sellers. Apart from just being on top the most important factor that affects ecommerce business in India is the profit from it. Online shopping business in India or having an online store in India is going to be huge in the coming days and we need to be prepared for it and hence I thought of preparing this video for you lovely people. The costing mainly includes these factors which are purchase price, selling price, commission, inward shipping cost, outward shipping cost, service taxes, packing costs, wedges and sales tax difference. You have to always consider packing cost, wedges, service tax, and sales tax difference before you finalize your profit margin or else the chances are very high that you will incur loss. Every young person wants to know how to start ecommerce website in India or an online store but there are few basic things that needs to be practiced before you create ecommerce website. Creating ecommerce website is not that tough but to generate profit out of it is tough. While creating ecommerce website you also have to have ecommerce software and many other tools which will be an added cost to it. If would be wise if you calculate all expenses in a product costing so that you get real idea as to how much you are going to earn from that particular product. Remember, ecommerce website price is not that high but the operating cost is very high. So just give it a thought and then plan for ecommerce website or an online store. E commerce India is a big thing now and everyone wants a piece of it so it’s going to be real tough in the coming days. India is a land of opportunity and hence many startups like flipkart, snapdeal, paytm along with amazon and ebay are doing so much of ecommerce business in India. Online marketplaces in India know that there will be a time when Indian consumers will prefer to have purchase the products online that through retail market because of the price factor. And that’s where the costing comes in the place. If the costing is done well, you will be able to sell good number of products through various online marketplaces such as Flipkart, Snapdeal, Paytm, Amazon, Ebay, Shopclues and many more. If you have not taken costing seriously yet, then I would suggest that you please start doing it because ecommerce India is a different ball game and e commerce business in India. Online marketplaces or having an online store in India will surely help you to understand these factors but they won’t detail it out the cost of labor and inward shipping so it would totally depend on you how much profit you can make through online shopping business in India. If you have any doubts, questions or suggestions then please feel to write in the comment box and I will surely get back to you. You may refer to the below links for other similar tutorials. Learn How to register on Snapdeal com marketplace to sell products in Hindi https://www.youtube.com/watch?v=Ty8Z1H22IJA How to register on Marketplace Amazon in to sell your products in Hindi https://www.youtube.com/watch?v=706M_qDG44g Learn How To Register And Sell Products In PayTm in Hindi https://www.youtube.com/watch?v=7OtdoI8i2IM Learn How To Register And Sell on Ebay.in in Hindi https://www.youtube.com/watch?v=0Rhstbwlrz0 How To Add Products in Amazon.in and sell products online in Hindi https://www.youtube.com/watch?v=97Tofx3aQpI How To Add Products in Snapdeal com and sell products online in Hindi https://www.youtube.com/watch?v=4a78ukMDz_I How To Add Products in Ebay.in and sell them online in Hindi https://www.youtube.com/watch?v=EvuSrO00gYo How To Add Products On Paytm and sell products online in Hindi https://www.youtube.com/watch?v=lIbhTYddJIE How To Process Orders in Ebay India Explained in Hindi https://www.youtube.com/watch?v=wzBEUxR5IR4 How To Process Orders in Amazon Explained in Hindi https://www.youtube.com/watch?v=LGm9kAGYKrM How To Process Orders in Snapdeal Explained in Hindi https://www.youtube.com/watch?v=55DHy51s-v0 How To Process Orders in Paytm Explained in Hindi https://www.youtube.com/watch?v=WzUt9xFwvN0 How To Add Products in Ebay Through Mobile App https://www.youtube.com/watch?v=1yv-x7v945I How To Add Products in PayTm Through Mobile App https://www.youtube.com/watch?v=TRwAMrvTckI How To Add Products in Amazon Through Mobile App https://www.youtube.com/watch?v=voyPAnWUZ1g Share, Support, Subscribe!!! Youtube: https://goo.gl/7bUkbz Twitter: https://twitter.com/ecomtechkatadka Facebook: https://www.facebook.com/ecomtechkatadka Instagram: https://www.instagram.com/ecomtechkatadka Pinterest: https://www.pinterest.com/ecomtechkatadka About: Ecom-Tech Ka Tadka is a YouTube channel that provides all information about ecommerce, startups, Product reviews and views, unboxing, tech talk and much more.
Views: 27430 Ecom-Tech Ka Tadka
Product Costs and Period Costs
This video provides a relatively simple, qualitative explanation of how expenses are categorized as either product (manufacturing) costs versus period (non-manufacturing) costs within a production firm and is intended for students just beginning a course in managerial accounting.
Views: 39502 The Accounting Tutor
Coffee Shop Pricing Approaches - Low Cost vs Product Differentiation
Check us out on www.espressooutlet.com for coffee equipment and advice. Auto Generated Transcript What often happens is coffee businesses when they're first starting up they try to compete based on price and they set there prices too low where they're not actually making a profit margin so you really have to give it some thought when you're initially establishing your pricing to really think about what it will take to be profitable but also think about how you're going to be competing there's a couple different pricing processes that you can use you can use product differentiation or you can use a low-cost pricing strategy if you're using the low-cost pricing strategy you are competing based on price and it is a lot difficult then to make a good profit you need to find a way to differentiate your product if you are competing based on a low cost pricing strategy you're gonna have to 00:58 sell your products cheaper than 01:00 Starbucks or sell your products cheaper 01:03 than the other successful coffee shop in 01:07 the area if you want to have better 01:12 margins you really want to be competing 01:15 on product differentiation so find a way 01:18 to make yourself unique find a way to 01:20 make your products unique when you do 01:22 that you have more you have more room to 01:28 increase your pricing if you have a 01:31 really good product people don't mind 01:33 paying more if you have a product that 01:35 they can't buy anywhere else in the town 01:37 in the area in the city on your road 01:40 then they will pay more people don't 01:45 mind paying for quality so a lot of 01:47 times the low price strategy isn't the 01:51 best approach if you have a better 01:54 product and your competitors you'll be 01:56 able to charge more make more profit and 02:00 make your customers happier if you use a 02:03 low pricing strategy you won't be able 02:05 to have profit for yourself your product 02:09 quality is going to suffer 02:11 and in the end your customers are going 02:15 to suffer because they're not getting 02:16 it's good of a quality product as they 02:18 could so really give it some thought 02:23 when you're starting your business and 02:25 if you have a business now really give 02:28 it some thought is your pricing strategy 02:30 that you're using the best approach if 02:32 you do change your product 02:35 differentiation strategy and you've been 02:37 using the low-cost strategy it will 02:40 sometimes be difficult to change 02:42 strategies because people may be coming 02:45 to you because you're low price so I 02:49 recommend if you do that you need to 02:51 find an incremental approach to move 02:55 people from the low-cost strategy to the 02:59 product differentiation strategy
Views: 94 Espresso Outlet
How Airlines Price Flights
Get 3 free meals from Blue Apron at http://cook.ba/2CdixUK Subscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinteresting Check out my podcast with Brian from Real Engineering: https://itunes.apple.com/us/podcast/showmakers/id1224583218?mt=2 (iTunes link) https://www.youtube.com/channel/UC_10vJJqf2ZK0lWrb5BXAPg (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Get a Wendover Productions t-shirt for $20: https://store.dftba.com/products/wendover-productions-shirt Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: [email protected] Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Joe Cieplinski (http://joecieplinski.com/) Music: “Back Vibes Rollin at 5” by Kevin MacLeod, “Not for Nothing” by Otis McDonald, “Cold Funk Funkorama” by Kevin MacLeod, “It's Always Too Late To Start Over” by Chris Zabriskie, and “The Big Score” by MK2 American A321, Air Canada Q400 footage courtesy PDX Aviation Big thanks to Patreon supporters: M, Pete, Ken Lee, Victor Zimmer, Paul Jihoon Choi, Dylan Benson, Etienne Deschamps, Donald, Chris Allen, Abil Abdulla, Anson Leng, John & Becki Johnston, Connor J Smith, Arkadiy Kulev, Hagai Bloch Gabot, William Chappell, Eyal Matsliah, Joseph Bull, Marcelo Alves Vieira, Hank Green, Plinio Correa, Brady Bellini
Views: 1496838 Wendover Productions
Calculate Product Selling Price for Online Business || Costing, Profit Calculation for eCommerce
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Training Workshop on product costing
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Pricing Strategies: Measuring Capturing and Retaining Value
http://tinyurl.com/navxm2w Studies have shown that pricing is the most critical profit driver in todays competitive business environment. The Wharton Pricing Strategies program teaches executives to make better pricing decisions through theory analysis, simulations, and case studies. Participants acquire a set of quantitative techniques that will help overcome the challenges of pricing new products, bundling products and services, dynamic pricing, and pricing products with short lifecycles.
How To Calculate The Price Of Your Products And Services
I still meet some small businesses that haven't figured this out yet. I also still see huge corporations who don't get it. Having a business all boils down to this: Make more money than you spend! It is that easy whether you are a small business or a big corporation. In this video i tell you how i figure out what products or services should cost. New Videos Every Friday! Subscribe On YouTube: http://www.youtube.com/RealChrisRathje Follow Me On Twitter: http://www.twitter.com/RealChrisRathje Like My Facebook page: http://www.facebook.com/pages/Christian-Rathje/102774466461564
Views: 11805 Christian Rathje
How Cost of Quality Affects Product Pricing
Behind the scenes of every purchase is the cost of quality. While a price can affect your perception of a product's quality, it also represents your perception of the organization that produced it. This is because quality has a key role in determinin
Views: 1153 ASQ
9 Pricing Rules for Entrepreneurs
StartUpMe's 9 Pricing Rules for Entrepreneurs provides startups with guidance on one of the most critical strategic decisions they will make -- pricing their product or service. This is a video version of a blog post at StartUpMe's website. There's more information for entrepreneurs at www.startupme.com.
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Pricing Design Work & Creativity
Confused about how to price creative services? Are you charging hourly versus value based pricing? Is there a better way to determine what is fair to you and fair to the client? Watch this video and see how much money you are potentially leaving on the table by not pricing the client. Price the client and not the job. 👉Subscribe: https://goo.gl/F2AEbk How much do you charge for designing a logo? Are you undercharging your creative work? Learn how to charge 10 times more for a logo. Pricing design services. Part 3 of Money Talk workshop. 3:40 Why logos are worth more to some companies than others? 5:40 Price the client not the job 7:45 What does Blind charge to design a logo? 8:25 How do you quantify/justify the hours to a client? 9:45 Paula Scher's approach 11:40 Pricing role play 13:20 Most entrepreneurs value time. Symmetry of logic. 21:20 Clients don't choose the best option. They choose the least risky option. _ Listen to our podcast on iTunes: The Futur https://itunes.apple.com/us/podcast/the-futur/id1152604340?mt=2 HOW TO SUPPORT THE FUTUR: Purchase a Kit: http://theskool.co/collections/all or subscribe to the secret and private Master mind group on Facebook with exclusive videos not released anywhere else. Use our Amazon Affiliate Link: http://astore.amazon.com/chrisdo-20 Buy useful design tools from Creative Market: https://creativemarket.com/?u=ChrisDo Get your business cards printed at Moo: http://www.moo.com/share/qn6x98 _ Connect with us online: http://thefuturishere.com https://www.facebook.com/theFuturisHere/ https://twitter.com/thefuturishere Need brand strategy help? Visit Blind LA’s WEBSITE: http://blind.com Connect with Chris Do: https://twitter.com/theChrisDo Twitter https://www.facebook.com/BizOfDesign https://www.instagram.com/thechrisdo Jose Caballer: https://twitter.com/joseCaballer Aaron Szekely: https://twitter.com/AaronSzekely The PROCESS Credits: Executive Producer– Chris Do Hosts– Chris Do Director– Aaron Szekely Cameraman– Aaron Szekely, Andrew Truong Producer– Aaron Szekely Editor– Aaron Szekely, Mark Contreras Show Open– designed by William VanSkaik, animated by Bara Kwon
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