Remove Accounting Remove Planning Remove Retailing Pricing Remove Target Market
article thumbnail

How to Price Your Product for a Successful Retail Launch

Retail Bound

By knowing your costs, you can calculate a minimum price that will allow you to break even and make a profit. Understand Your Target Market Knowing your target market is essential in pricing your product successfully. These include cost-plus pricing, value-based pricing, and competitor-based pricing.

article thumbnail

How Becuming is cleaning up the adult toy industry

Inside Retail

Here, Moreau-Hammond discusses encouraging consumers to try new things, selling products through tailored subscriptions and engaging content, the impact of lack of regulation in the industry, and her plans for growth. Inside Retail : Why do you think the world needs another sex toy website like yours right now? CMH: To grow.

Shipping 130