Trending Content

Understanding the Relationship Between Cost and Price: How to Unlock Maximum Profitability

July 18, 2023

Cost is often used as the primary resource when deciding how to price products. In this discussion, we examine that strategy and take a deep dive on the relationship between costing and pricing. We tackle important questions regarding over-emphasis on cost when determining price, cost inputs and pricing strategy. Ultimately, we will learn how to leverage our knowledge of cost to deliver increased margins, regardless of your industry.

Post Tags