What Is Cost Plus Pricing? How Do You Use It In Sales?
Salesforce
FEBRUARY 7, 2024
As a reminder, the formula is: (Total production cost) × (1 + Desired profit) = Selling price If your production costs are $50 and you want to achieve a 40% profit margin, your selling price would be $70. $50 50 x (1 + 0.40) = $70. Cost plus pricing is one way to price your products and create profit for your business.
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