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Cost Plus Pricing
Posted by ibrahim
Question :
What is cost plus pricing?
Answers :
1.A PRICE that is COST plus a certain amount.
2.When the retail price is set at a specific percentage above wholesale cost. Many companies use cost plus pricing for ease of financial forecasting.
If everything you sell is prices at 10% above what you paid for it, you will know that your profit margin will always be 10% on everything.
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Advertising And Marketing
