Pricing a Product

Pricing a product is a bit confusing issue. Although most of the managers use different types of pricing like "Mark Up" pricing, "Competitive Pricing" etc in order to get a maximum revenue. Most of the managers think that before setting a price to a product, we have to know the costs of running your business like all prices must cover cost and profits, and the effective way to lower price is to lower costs.

so in order to know different types of pricing and their impact on sales, you should visit his site. you will know how company cover its variable cost, fixed cost and mfg OHD.

http://www.entrepreneur.com/encyclopedia/term/82380.html