3 calculations you must make as you price your product

12/25/2012 | VentureBeat

If you're running a new company, it might be tempting to set a rock-bottom price for your products, but doing so can backfire, A.J. Kumar of Single Grain writes. To determine the proper price for your products, you should consider the cost of materials, labor and overhead that goes into producing them. The markup you can add to your products will depend on the industry in which you operate, he writes.

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