2010-02-28

Which price ?

How much should it cost?

The decision is clear - product prices are in Lei. But how much? Fixed costs, one time costs, running costs ... And I am neither a bookkeeper nor a controller. I know that I have to take into account:
- purchase price
- delivery costs
- cost of packaging
- currency fluctuation
- ...and for sure some more, which I didn't

Can you imagine how much it takes to calculate the costs for all 500 different products. So, Gerda, keep it simple - I defined one formula for all the articles imported from abroad and one for those which I'm buying in the country. Sounds perhaps a little bit strange, but I didn't see any alternative.

For the products where I have competitors, I made comparisons - just to check if my price is a realistic one, and the conclusion: yes, but we are cheaper ;) I thought about this fact a couple of days, thinking if I should change my formula. And I didn't. Perhaps in half a year I will do it, but not now.

At the end of the year, I will know how wrong I calculated.

ToDo's:
  • calculate fixcosts
  • calculate running costs
  • define product price
Conclusions:
  • one person can not do everything
  • one person is not specialist for everything

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