Module 2 · Daily shop workflows
Working out price, margin and fees
In short
Start from cost of goods per unit. Margin is computed on the selling price, markup on cost; they differ. Marketplace fees, shipping programmes and discounts cut your profit. Always check an AI formula by recomputing two or three rows by hand.
After this lesson you can
- Work out cost of goods per unit from materials, packaging and labour before setting a selling price
- Tell margin from markup and include marketplace fees, shipping programmes and discounts in the price sum
- Recompute a few sample rows by hand before trusting a pricing formula or table from AI
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