Profitable Pricing

Your Information

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Competitor Information

Perceived Quality

Perception of quality is one of the most crucial factors for a product’s success. Premium chocolate products, for example, are generally perceived as high-quality and command a high cost. On the other hand, lower-cost chocolate products are less likely to be perceived as high-quality and tend to be sold at their lower price point.

Conceiving quality for a product is crucial to the final sale and can also influence how long we wait to buy that product. Apply discretion when choosing the score, get other opinions, and ideally carry out research.

Learn more
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Demand

Based on your competitors’ prices, consider a price range between

Price Range High
Price Range Low
Price/Unit
Quantity/Year
Perceived Quality

Perception of quality is one of the most crucial factors for a product’s success. Premium chocolate products, for example, are generally perceived as high-quality and command a high cost. On the other hand, lower-cost chocolate products are less likely to be perceived as high-quality and tend to be sold at their lower price point.

Conceiving quality for a product is crucial to the final sale and can also influence how long we wait to buy that product. Apply discretion when choosing the score, get other opinions, and ideally carry out research.

Learn more
Perceived Quality

Perception of quality is one of the most crucial factors for a product’s success. Premium chocolate products, for example, are generally perceived as high-quality and command a high cost. On the other hand, lower-cost chocolate products are less likely to be perceived as high-quality and tend to be sold at their lower price point.

Conceiving quality for a product is crucial to the final sale and can also influence how long we wait to buy that product. Apply discretion when choosing the score, get other opinions, and ideally carry out research.

Learn more
Perceived Quality

Perception of quality is one of the most crucial factors for a product’s success. Premium chocolate products, for example, are generally perceived as high-quality and command a high cost. On the other hand, lower-cost chocolate products are less likely to be perceived as high-quality and tend to be sold at their lower price point.

Conceiving quality for a product is crucial to the final sale and can also influence how long we wait to buy that product. Apply discretion when choosing the score, get other opinions, and ideally carry out research.

Learn more
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Need to Rewrite
The demand curve indicates the quantity you expect to sell at  various price points. Within the same demand curve, certain price ranges may  be more price-sensitive than others. Generally, a less price-sensitive product will have a demand  curve with a steeper slope and will therefore be more vertical. As you change  your price, the demand changes only slightly, if at all. A more price-sensitive product will have a demand curve with a  less steep slope and will therefore be more horizontal. With a small change  in price, there is a large change in quantity demanded. If your product appears to be price-sensitive: Price is very  important to your customers. Changing the price may lead to large swings in  volume. A price decrease may result in incremental sales, while a price  increase may jeopardize existing volume. If your product does not seem to be price-sensitive: Price is  less relevant to your customers, giving you more flexibility to raise the  price or choose a price point close to the maximum price customers are  willing to pay.

Profit

Perceived Quality

Perception of quality is one of the most crucial factors for a product’s success. Premium chocolate products, for example, are generally perceived as high-quality and command a high cost. On the other hand, lower-cost chocolate products are less likely to be perceived as high-quality and tend to be sold at their lower price point.

Conceiving quality for a product is crucial to the final sale and can also influence how long we wait to buy that product. Apply discretion when choosing the score, get other opinions, and ideally carry out research.

Learn more
Price/Unit
Price/Unit S1
Perceived Quality

Perception of quality is one of the most crucial factors for a product’s success. Premium chocolate products, for example, are generally perceived as high-quality and command a high cost. On the other hand, lower-cost chocolate products are less likely to be perceived as high-quality and tend to be sold at their lower price point.

Conceiving quality for a product is crucial to the final sale and can also influence how long we wait to buy that product. Apply discretion when choosing the score, get other opinions, and ideally carry out research.

Learn more
Price/Unit S2
Perceived Quality

Perception of quality is one of the most crucial factors for a product’s success. Premium chocolate products, for example, are generally perceived as high-quality and command a high cost. On the other hand, lower-cost chocolate products are less likely to be perceived as high-quality and tend to be sold at their lower price point.

Conceiving quality for a product is crucial to the final sale and can also influence how long we wait to buy that product. Apply discretion when choosing the score, get other opinions, and ideally carry out research.

Learn more
Price/Unit S3
Quantity/Year
Quantity/Year S1
Quantity/Year S2
Quantity/Year S3
Variable Cost
Variable Cost S1
Variable Cost s2
Variable Cost s3
Break Even Units
Break Even Units s1
Break Even Units s2
Break Even Units s3
Revenue
Revenue s1
Revenue S2
Revenue s3
Total Variable Cost
Total Variable Cost S1
Total Variable Cost S2
Total Variable Cost S3
Total Cost
Total Cost S1
Total Cost S2
Total Cost S3
Profit Margin S1
Profit Margin S2
Profit Margin S3
Profit Margin
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Need to Rewrite
The demand curve indicates the quantity you expect to sell at  various price points. Within the same demand curve, certain price ranges may  be more price-sensitive than others. Generally, a less price-sensitive product will have a demand  curve with a steeper slope and will therefore be more vertical. As you change  your price, the demand changes only slightly, if at all. A more price-sensitive product will have a demand curve with a  less steep slope and will therefore be more horizontal. With a small change  in price, there is a large change in quantity demanded. If your product appears to be price-sensitive: Price is very  important to your customers. Changing the price may lead to large swings in  volume. A price decrease may result in incremental sales, while a price  increase may jeopardize existing volume. If your product does not seem to be price-sensitive: Price is  less relevant to your customers, giving you more flexibility to raise the  price or choose a price point close to the maximum price customers are  willing to pay.